SR Bancorp, Inc. (NASDAQ:SRBK – Free Report) CEO William P. Taylor bought 2,500 shares of the company’s stock on Monday, June 17. The shares were acquired at an average price of $9.38 per share, for a total value of $23,450.00. Following the completion of the acquisition, the CEO now directly owns 17,700 shares of the company’s stock, valued at $166,026. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
SR Bancorp shares down 1.1%
SRBK stock opened at $9.14 on Wednesday. The company has a 50-day moving average price of $9.17 and a 200-day moving average price of $9.39. SR Bancorp, Inc. has a 52-week low of $8.01 and a 52-week high of $10.00.
SR Bancorp (NASDAQ:SRBK – Free Report) last released its quarterly earnings results on Tuesday, April 30. The company reported $0.12 earnings per share for the quarter. The company had revenue of $8.78 million during the quarter.
Institutional investors comment on SR Bancorp
Several hedge funds and other institutional investors have recently made changes to their positions in SRBK. Vanguard Group Inc. increased its stake in shares of SR Bancorp by 31.5% in the 1st quarter. Vanguard Group Inc. now owns 446,393 shares of the company’s stock valued at $4,214,000 after purchasing an additional 106,843 shares during the same period. Stilwell Value LLC acquired a new stake in shares of SR Bancorp in the 3rd quarter valued at $347,000. Finally, SeaCrest Wealth Management LLC acquired a new stake in shares of SR Bancorp in the 4th quarter valued at $234,000. 24.70% of the shares are owned by institutional investors and hedge funds.
SR Bancorp Company Profile
(Get free report)
SR Bancorp, Inc. serves as the holding company for Somerset Regal Bank, which provides traditional retail and commercial banking services to individuals, businesses and municipalities in Somerset, Middlesex, Hunterdon and Essex counties in New Jersey. It offers deposit instruments, including non-interest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts and certificates of deposit.
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