SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor Purchases 2,000 Shares of Stock

SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of $11.51 per share, with a total value of $23,020.00. Following the completion of the acquisition, the chief executive officer now owns 70,838 shares of the company’s stock, valued at approximately $815,345.38. The trade was a 2.91 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

SR Bancorp Trading Up 0.1 %

SR Bancorp stock opened at $11.52 on Thursday. The stock has a 50-day moving average price of $12.06 and a 200 day moving average price of $11.43. SR Bancorp, Inc. has a 52 week low of $8.94 and a 52 week high of $12.76. The stock has a market cap of $106.43 million, a PE ratio of 192.03 and a beta of 0.91. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.15.

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 net margin of 0.95% and a return on equity of 0.21%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Northern Trust Corp grew its position in shares of SR Bancorp by 34.3% in the fourth 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 during the period. Arcus Capital Partners LLC acquired a new stake in SR Bancorp in the 3rd quarter worth about $276,000. Fourthstone LLC purchased a new stake in SR Bancorp in the 3rd quarter valued at about $756,000. Geode Capital Management LLC increased its stake in shares of SR Bancorp by 30.7% during the 3rd quarter. Geode Capital Management LLC now owns 93,372 shares of the company’s stock valued at $1,041,000 after acquiring an additional 21,930 shares during the last quarter. Finally, Mink Brook Asset Management LLC purchased a new position in shares of SR Bancorp during the 4th quarter worth about $3,384,000. Hedge funds and other 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.