Timberland Bancorp (NASDAQ:TSBK) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.65 and traded as high as $29.80. Timberland Bancorp shares last traded at $29.80, with a volume of 2,859 shares.

Timberland Bancorp Stock Performance

The company's fifty day simple moving average is $29.98 and its 200 day simple moving average is $27.65. The stock has a market capitalization of $241.73 million, a P/E ratio of 9.88 and a beta of 0.65. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last posted its quarterly earnings data on Tuesday, July 23rd. The savings and loans company reported $0.74 earnings per share (EPS) for the quarter. Timberland Bancorp had a return on equity of 10.34% and a net margin of 23.98%. The company had revenue of $18.77 million during the quarter.

Insider Transactions at Timberland Bancorp

In related news, Director Andrea M. Clinton sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $31.37, for a total value of $31,370.00. Following the sale, the director now directly owns 7,565 shares of the company's stock, valued at $237,314.05. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Timberland Bancorp

Several hedge funds have recently added to or reduced their stakes in the company. 180 Wealth Advisors LLC bought a new stake in Timberland Bancorp in the 2nd quarter worth approximately $272,000. Meeder Advisory Services Inc. purchased a new stake in shares of Timberland Bancorp in the 1st quarter valued at $311,000. Hsbc Holdings PLC boosted its stake in shares of Timberland Bancorp by 27.7% in the 2nd quarter. Hsbc Holdings PLC now owns 13,661 shares of the savings and loans company's stock valued at $361,000 after purchasing an additional 2,965 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Timberland Bancorp by 48.0% during the 1st quarter. BNP Paribas Financial Markets now owns 15,703 shares of the savings and loans company's stock valued at $423,000 after purchasing an additional 5,091 shares during the last quarter. Finally, Panagora Asset Management Inc. lifted its stake in Timberland Bancorp by 8.5% in the second quarter. Panagora Asset Management Inc. now owns 23,999 shares of the savings and loans company's stock worth $650,000 after purchasing an additional 1,881 shares during the last quarter. Institutional investors own 65.49% of the company's stock.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.