Rhinebeck Bancorp (NASDAQ:RBKB) Stock Price Down 1.2% - Time to Sell?

Rhinebeck Bancorp, Inc. (NASDAQ:RBKB - Get Free Report)'s stock price fell 1.2% on Thursday . The company traded as low as $9.91 and last traded at $10.01. 6,603 shares traded hands during mid-day trading, an increase of 0% from the average session volume of 6,603 shares. The stock had previously closed at $10.13.

Rhinebeck Bancorp Trading Up 0.3 %

The business's 50-day moving average is $9.81 and its two-hundred day moving average is $9.26. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $111.11 million, a PE ratio of -12.37 and a beta of 0.75.

Rhinebeck Bancorp (NASDAQ:RBKB - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.05 earnings per share for the quarter. Rhinebeck Bancorp had a negative net margin of 15.89% and a positive return on equity of 3.44%.

Insiders Place Their Bets

In other Rhinebeck Bancorp news, insider Francis X. Dwyer sold 14,779 shares of the business's stock in a transaction on Friday, December 6th. The shares were sold at an average price of $9.78, for a total transaction of $144,538.62. Following the sale, the insider now directly owns 10,079 shares in the company, valued at approximately $98,572.62. The trade was a 59.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 17,745 shares of company stock worth $173,652. Corporate insiders own 6.36% of the company's stock.

Institutional Investors Weigh In On Rhinebeck Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the business. Alliancebernstein L.P. boosted its position in shares of Rhinebeck Bancorp by 70.8% in the 4th quarter. Alliancebernstein L.P. now owns 196,254 shares of the company's stock worth $1,898,000 after buying an additional 81,345 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Rhinebeck Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 50,314 shares of the company's stock worth $465,000 after buying an additional 2,546 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Rhinebeck Bancorp by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 37,286 shares of the company's stock worth $345,000 after buying an additional 3,637 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Rhinebeck Bancorp by 24.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 22,704 shares of the company's stock worth $219,000 after buying an additional 4,519 shares in the last quarter. Finally, State of Wyoming purchased a new stake in shares of Rhinebeck Bancorp in the 4th quarter worth about $25,000. 23.88% of the stock is currently owned by hedge funds and other institutional investors.

Rhinebeck Bancorp Company Profile

Rhinebeck Bancorp, Inc operates as the bank holding company for Rhinebeck Bank that provides banking and financial products and services to consumer and commercial customers in the Hudson Valley region of New York. The company offers deposits, including non-interest-bearing demand, interest bearing demand, money market, commercial and personal checking, individual retirement, and saving accounts, as well as certificates of deposit.