SR Bancorp, Inc. (NASDAQ:SRBK) COO Acquires $11,630.00 in Stock

SR Bancorp, Inc. (NASDAQ:SRBK) COO Christopher J. Pribula bought 1,000 shares of the stock in a transaction dated Friday, March 7th. The stock was purchased at an average price of $11.63 per share, with a total value of $11,630.00. Following the acquisition, the chief operating officer now directly owns 47,933 shares in the company, valued at approximately $557,460.79. The trade was a 2.13 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

SR Bancorp Price Performance

SR Bancorp stock opened at $11.74 on Monday. The stock has a market cap of $108.47 million, a price-to-earnings ratio of 195.70 and a beta of 0.91. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.01 and a quick ratio of 1.00. SR Bancorp, Inc. has a 1 year low of $8.94 and a 1 year high of $12.76. The firm has a 50-day moving average of $12.09 and a two-hundred day moving average of $11.41.

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

Institutional Investors Weigh In On SR Bancorp

Several large investors have recently modified their holdings of the business. Mink Brook Asset Management LLC bought a new stake in shares of SR Bancorp in the 4th quarter valued at about $3,384,000. Geode Capital Management LLC raised its holdings in shares of SR Bancorp by 30.7% in the 3rd 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. Fourthstone LLC bought a new stake in shares of SR Bancorp in the 3rd quarter valued at about $756,000. Arcus Capital Partners LLC bought a new stake in shares of SR Bancorp in the 3rd quarter valued at about $276,000. Finally, Northern Trust Corp raised its holdings in shares of SR Bancorp by 34.3% in the 4th quarter. Northern Trust Corp now owns 18,592 shares of the company’s stock valued at $221,000 after purchasing an additional 4,748 shares in the last quarter. 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.