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

SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor purchased 1,500 shares of SR Bancorp stock in a transaction dated Monday, February 10th. The shares were purchased at an average cost of $12.47 per share, with a total value of $18,705.00. Following the acquisition, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

SR Bancorp Stock Performance

SR Bancorp stock traded up $0.01 during midday trading on Tuesday, reaching $12.32. 4,169 shares of the stock traded hands, compared to its average volume of 26,019. SR Bancorp, Inc. has a fifty-two week low of $8.94 and a fifty-two week high of $12.76. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.10. The firm has a market cap of $116.30 million, a price-to-earnings ratio of 205.37 and a beta of 0.84. The firm has a fifty day moving average price of $12.03 and a two-hundred day moving average price of $11.09.

SR Bancorp (NASDAQ:SRBK) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.12 earnings per share (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

Institutional investors have recently bought and sold shares of the stock. Arcus Capital Partners LLC bought a new stake in SR Bancorp in the third quarter worth about $276,000. Fourthstone LLC bought a new stake in shares of SR Bancorp in the 3rd quarter worth approximately $756,000. Finally, Geode Capital Management LLC lifted its stake in SR Bancorp by 30.7% during 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 during the last quarter. Institutional investors and hedge funds 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.