Walter Healy Acquires 1,537 Shares of HYNE (NASDAQ:HYNE) Stock

HYNE (NASDAQ:HYNE) CEO Walter Healy bought 1,537 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average price of $16.28 per share, for a total transaction of $25,022.36. Following the completion of the acquisition, the chief executive officer directly owned 15,821 shares in the company, valued at approximately $257,565.88. This represents a 10.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

HYNE Price Performance

NASDAQ HYNE opened at $16.26 on Friday. The stock has a 50 day simple moving average of $15.80. HYNE has a 12 month low of $13.35 and a 12 month high of $16.35. The company has a market cap of $131.71 million and a P/E ratio of -813.00.

HYNE (NASDAQ:HYNE) last released its earnings results on Tuesday, May 12th. The company reported ($0.02) EPS for the quarter. The company had revenue of $4.48 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. XTX Topco Ltd purchased a new position in shares of HYNE in the fourth quarter worth approximately $564,000. Raffles Associates LP purchased a new position in HYNE during the fourth quarter valued at approximately $346,000. Mangrove Partners IM LLC purchased a new position in HYNE during the fourth quarter valued at approximately $1,368,000. FJ Capital Management LLC purchased a new position in HYNE during the fourth quarter valued at approximately $3,782,000. Finally, Marshall Wace LLP purchased a new position in HYNE during the fourth quarter valued at approximately $531,000.

Analysts Set New Price Targets

Several research firms have recently weighed in on HYNE. Weiss Ratings raised shares of HYNE from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday. Wall Street Zen raised shares of HYNE from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

HYNE Company Profile

Hoyne Bancorp Inc focuses on operating as the bank holding company for Hoyne Savings Bank which provides various financial products and services. Hoyne Bancorp Inc is based in Chicago, Illinois.