HYNE (NASDAQ:HYNE) Announces Earnings Results

HYNE (NASDAQ:HYNE) announced its earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $4.82 million for the quarter.

HYNE Trading Up 0.8%

HYNE traded up $0.12 during trading on Thursday, hitting $16.32. 1,846 shares of the company’s stock traded hands, compared to its average volume of 31,785. HYNE has a 12-month low of $13.35 and a 12-month high of $16.86. The company’s 50 day simple moving average is $16.47 and its two-hundred day simple moving average is $15.54. The stock has a market capitalization of $132.23 million and a price-to-earnings ratio of -816.25.

Insiders Place Their Bets

In related news, CEO Walter F. Healy purchased 1,537 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were purchased at an average price of $16.28 per share, with a total value of $25,022.36. Following the acquisition, the chief executive officer directly owned 15,821 shares in the company, valued at $257,565.88. The trade was a 10.76% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders bought 1,998 shares of company stock valued at $32,267. 3.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On HYNE

A number of institutional investors have recently bought and sold shares of the stock. HRT Financial LP bought a new position in shares of HYNE in the fourth quarter worth about $205,000. Harbor Advisors LLC purchased a new stake in HYNE in the 4th quarter worth $217,000. Marquette Asset Management LLC bought a new position in shares of HYNE during the 2nd quarter valued at about $223,000. Jane Street Group LLC bought a new stake in shares of HYNE in the fourth quarter worth about $307,000. Finally, Raffles Associates LP purchased a new stake in shares of HYNE in the fourth quarter worth about $346,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Weiss Ratings upgraded HYNE from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, June 11th. Wall Street Zen raised shares of HYNE from a “sell” rating to a “hold” rating in a report on Sunday, July 5th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About HYNE

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.