Insider Selling: FB Bancorp (NASDAQ:FBLA) Insider Sells $16,150.50 in Stock

FB Bancorp, Inc. (NASDAQ:FBLA) insider Josh Folds sold 1,110 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $14.55, for a total transaction of $16,150.50. Following the sale, the insider owned 30,746 shares of the company’s stock, valued at approximately $447,354.30. The trade was a 3.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

FB Bancorp Stock Performance

FB Bancorp stock traded down $0.03 during trading on Thursday, hitting $14.90. The stock had a trading volume of 47,708 shares, compared to its average volume of 113,350. FB Bancorp, Inc. has a 1 year low of $11.09 and a 1 year high of $15.03. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average is $14.14 and its two-hundred day moving average is $13.55. The stock has a market cap of $240.80 million, a price-to-earnings ratio of 372.59 and a beta of -0.02.

FB Bancorp (NASDAQ:FBLA) last released its earnings results on Thursday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $12.95 million during the quarter. FB Bancorp had a return on equity of 0.93% and a net margin of 0.83%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Wall Street Zen cut FB Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Weiss Ratings upgraded shares of FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, FB Bancorp currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On FB Bancorp

Several institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. purchased a new position in shares of FB Bancorp in the third quarter valued at $44,000. New York State Common Retirement Fund bought a new stake in shares of FB Bancorp during the 2nd quarter valued at $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in FB Bancorp during the 2nd quarter worth about $110,000. Occudo Quantitative Strategies LP bought a new position in FB Bancorp in the 2nd quarter worth about $119,000. Finally, Raymond James Financial Inc. bought a new position in FB Bancorp in the 3rd quarter worth about $120,000.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.