SR Bancorp, Inc. (NASDAQ:SRBK) SVP James Castelletti Buys 1,000 Shares

SR Bancorp, Inc. (NASDAQ:SRBK) SVP James Castelletti purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average cost of $12.34 per share, with a total value of $12,340.00. Following the purchase, the senior vice president now directly owns 1,000 shares of the company’s stock, valued at $12,340. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

SR Bancorp Trading Up 1.3 %

NASDAQ:SRBK opened at $12.17 on Monday. The company has a 50-day moving average price of $11.31 and a 200-day moving average price of $10.37. The stock has a market cap of $114.91 million, a price-to-earnings ratio of 101.43 and a beta of 1.07. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.10. SR Bancorp, Inc. has a 12 month low of $8.94 and a 12 month high of $12.46.

Institutional Trading of SR Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Arcus Capital Partners LLC bought a new position in shares of SR Bancorp in the 3rd quarter worth approximately $276,000. Fourthstone LLC purchased a new stake in SR Bancorp in the third quarter worth $756,000. Finally, Geode Capital Management LLC raised its holdings in SR Bancorp by 30.7% in the third quarter. Geode Capital Management LLC now owns 93,372 shares of the company’s stock worth $1,041,000 after purchasing an additional 21,930 shares in the last quarter. 24.70% of the stock is currently owned by hedge funds and other institutional investors.

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.