SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor Purchases 2,500 Shares of Stock

SR Bancorp, Inc. (NASDAQ:SRBK) CEO William P. Taylor purchased 2,500 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The shares were acquired at an average cost of $9.38 per share, with a total value of $23,450.00. Following the completion of the acquisition, the chief executive officer now directly owns 17,700 shares in the company, valued at $166,026. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

SR Bancorp Stock Down 1.1 %

SRBK stock opened at $9.14 on Wednesday. The business has a fifty day moving average price of $9.17 and a 200 day moving average price of $9.39. SR Bancorp, Inc. has a fifty-two week low of $8.01 and a fifty-two week high of $10.00.

SR Bancorp (NASDAQ:SRBK) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $8.78 million for the quarter.

Institutional Investors Weigh In On SR Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in SRBK. Vanguard Group Inc. increased its stake in shares of SR Bancorp by 31.5% in the 1st quarter. Vanguard Group Inc. now owns 446,393 shares of the company’s stock valued at $4,214,000 after buying an additional 106,843 shares during the period. Stilwell Value LLC acquired a new stake in shares of SR Bancorp in the 3rd quarter valued at $347,000. Finally, SeaCrest Wealth Management LLC acquired a new stake in shares of SR Bancorp in the 4th quarter valued at $234,000. 24.70% of the stock is owned by institutional investors and hedge funds.

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.