SR Bancorp, Inc. (NASDAQ:SRBK) CEO Purchases $18,705.00 in Stock

SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor bought 1,500 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were purchased at an average price of $12.47 per share, with a total value of $18,705.00. Following the acquisition, the chief executive officer now directly owns 68,838 shares in the company, valued at approximately $858,409.86. This trade represents a 2.23 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

SR Bancorp Stock Down 0.1 %

Shares of NASDAQ:SRBK opened at $12.29 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.00 and a current ratio of 1.00. SR Bancorp, Inc. has a 1 year low of $8.94 and a 1 year high of $12.76. The stock has a market capitalization of $116.02 million, a P/E ratio of 204.87 and a beta of 0.84. The stock has a 50-day simple moving average of $12.05 and a 200-day simple moving average of $11.11.

SR Bancorp (NASDAQ:SRBK) last issued 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%.

Institutional Trading of SR Bancorp

A number of institutional investors have recently modified their holdings of SRBK. Geode Capital Management LLC boosted its holdings in SR Bancorp by 30.7% in the 3rd quarter. Geode Capital Management LLC now owns 93,372 shares of the company’s stock worth $1,041,000 after acquiring an additional 21,930 shares during the period. Arcus Capital Partners LLC purchased a new position in SR Bancorp in the 3rd quarter worth approximately $276,000. Finally, Fourthstone LLC purchased a new position in SR Bancorp in the 3rd quarter worth approximately $756,000. Hedge funds and other institutional investors own 24.70% of the company’s stock.

SR Bancorp Company Profile

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.