Stieven Capital Advisors L.P. lessened its stake in shares of NB Bancorp, Inc. (NASDAQ:NBBK - Free Report) by 31.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 249,542 shares of the company's stock after selling 114,089 shares during the period. Stieven Capital Advisors L.P. owned approximately 0.58% of NB Bancorp worth $4,632,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. nVerses Capital LLC purchased a new stake in shares of NB Bancorp in the second quarter valued at $26,000. Fairfield Financial Advisors LTD purchased a new stake in NB Bancorp in the 2nd quarter worth about $30,000. BNP Paribas Financial Markets bought a new stake in NB Bancorp in the first quarter worth about $85,000. Acadian Asset Management LLC purchased a new position in shares of NB Bancorp during the second quarter valued at approximately $95,000. Finally, International Assets Investment Management LLC purchased a new position in shares of NB Bancorp during the second quarter valued at approximately $104,000.
Wall Street Analyst Weigh In
Separately, Piper Sandler increased their price target on NB Bancorp from $21.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday, October 31st.
Read Our Latest Report on NBBK
NB Bancorp Stock Performance
Shares of NASDAQ:NBBK traded down $0.30 on Friday, hitting $19.98. 125,153 shares of the company's stock were exchanged, compared to its average volume of 162,651. NB Bancorp, Inc. has a 12 month low of $13.10 and a 12 month high of $20.98. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.16. The business's 50 day simple moving average is $18.63 and its two-hundred day simple moving average is $17.15.
About NB Bancorp
(
Free Report)
NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.
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