SR Bancorp, Inc. (NASDAQ:SRBK - Get Free Report) COO Christopher J. Pribula bought 1,000 shares of SR Bancorp stock in a transaction that occurred on Friday, March 7th. The stock was purchased at an average cost of $11.63 per share, for a total transaction of $11,630.00. Following the acquisition, the chief operating officer now owns 47,933 shares of the company's stock, valued at $557,460.79. This represents a 2.13 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
SR Bancorp Stock Performance
NASDAQ:SRBK traded up $0.22 during mid-day trading on Friday, reaching $11.74. 13,478 shares of the stock were exchanged, compared to its average volume of 22,424. The company has a 50 day simple moving average of $12.09 and a 200-day simple moving average of $11.41. SR Bancorp, Inc. has a 1 year low of $8.94 and a 1 year high of $12.76. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $108.47 million, a P/E ratio of 195.70 and a beta of 0.91.
SR Bancorp (NASDAQ:SRBK - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.12 earnings per share (EPS) for the quarter. SR Bancorp had a return on equity of 0.21% and a net margin of 0.95%.
Hedge Funds Weigh In On SR Bancorp
A number of institutional investors and hedge funds have recently bought and sold shares of SRBK. Northern Trust Corp boosted its stake in SR Bancorp by 34.3% during the 4th quarter. Northern Trust Corp now owns 18,592 shares of the company's stock valued at $221,000 after acquiring an additional 4,748 shares during the last quarter. Geode Capital Management LLC increased its holdings in SR Bancorp by 30.7% in the third quarter. Geode Capital Management LLC now owns 93,372 shares of the company's stock valued at $1,041,000 after buying an additional 21,930 shares during the last quarter. Arcus Capital Partners LLC acquired a new stake in SR Bancorp during the third quarter valued at approximately $276,000. Fourthstone LLC acquired a new position in shares of SR Bancorp in the 3rd quarter worth approximately $756,000. Finally, Mink Brook Asset Management LLC acquired a new position in shares of SR Bancorp in the 4th quarter worth approximately $3,384,000. Hedge funds and other institutional investors own 24.70% of the company's stock.
About SR Bancorp
(
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SR Bancorp, Inc operates as the holding company for Somerset Regal Bank that provides customary retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Somerset, Middlesex, Hunterdon, and Essex counties in New Jersey. It offers deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit.
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