SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor Acquires 1,500 Shares

SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor purchased 1,500 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was purchased at an average cost of $12.47 per share, for a total transaction of $18,705.00. Following the transaction, the chief executive officer now owns 68,838 shares of the company’s stock, valued at approximately $858,409.86. This trade represents a 2.23 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

SR Bancorp Stock Down 0.1 %

SRBK stock opened at $12.30 on Wednesday. The stock has a market capitalization of $116.11 million, a price-to-earnings ratio of 205.03 and a beta of 0.84. The company has a 50-day moving average of $12.03 and a two-hundred day moving average of $11.09. SR Bancorp, Inc. has a 52-week low of $8.94 and a 52-week high of $12.76. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.00 and a quick ratio of 1.00.

SR Bancorp (NASDAQ:SRBK) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.12 EPS for the quarter. SR Bancorp had a return on equity of 0.21% and a net margin of 0.95%.

Institutional Investors Weigh In On SR Bancorp

Several hedge funds have recently made changes to their positions in SRBK. Fourthstone LLC bought a new position in SR Bancorp during the third quarter valued at about $756,000. Arcus Capital Partners LLC bought a new stake in shares of SR Bancorp during the third quarter valued at approximately $276,000. Finally, Geode Capital Management LLC raised its stake in shares of 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 purchasing an additional 21,930 shares in the last quarter. Institutional investors own 24.70% of the company’s stock.

About SR Bancorp

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.