FB Bancorp, Inc.’s (NASDAQ:FBLA) Quiet Period Set To Expire on December 2nd

FB Bancorp’s (NASDAQ:FBLA) quiet period will end on Monday, December 2nd. FB Bancorp had issued 19,837,500 shares in its public offering on October 23rd. The total size of the offering was $198,375,000 based on an initial share price of $10.00. During FB Bancorp’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

FB Bancorp Trading Up 0.4 %

Shares of FB Bancorp stock opened at $12.04 on Monday. FB Bancorp has a 1 year low of $11.60 and a 1 year high of $12.71.

Insider Buying and Selling

In other news, Director Gerard W. Barousse, Jr. bought 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was acquired at an average cost of $12.21 per share, with a total value of $61,050.00. Following the completion of the acquisition, the director now owns 5,000 shares of the company’s stock, valued at approximately $61,050. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.