Greene County Bancorp (NASDAQ:GCBC) Stock Crosses Below 200-Day Moving Average – What’s Next?

Greene County Bancorp, Inc. (NASDAQ:GCBC) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.96 and traded as low as $25.90. Greene County Bancorp shares last traded at $26.25, with a volume of 16,858 shares.

Greene County Bancorp Stock Up 0.7 %

The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.14. The company’s fifty day simple moving average is $30.29 and its 200 day simple moving average is $30.96. The firm has a market capitalization of $446.96 million, a PE ratio of 18.10 and a beta of 0.46.

Insiders Place Their Bets

In other news, CFO Nick Barzee acquired 892 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was bought at an average cost of $28.57 per share, for a total transaction of $25,484.44. Following the acquisition, the chief financial officer now directly owns 900 shares in the company, valued at approximately $25,713. The trade was a 11,150.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Tejraj S. Hada acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was purchased at an average price of $28.00 per share, with a total value of $56,000.00. Following the completion of the acquisition, the director now owns 8,651 shares in the company, valued at $242,228. The trade was a 30.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 5.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Greene County Bancorp

A number of large investors have recently added to or reduced their stakes in GCBC. Geode Capital Management LLC grew its position in shares of Greene County Bancorp by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock valued at $5,048,000 after acquiring an additional 2,458 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Greene County Bancorp by 69.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust’s stock valued at $493,000 after purchasing an additional 6,517 shares during the last quarter. Barclays PLC grew its holdings in Greene County Bancorp by 370.0% during the 3rd quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 9,229 shares during the last quarter. State Street Corp grew its stake in Greene County Bancorp by 9.0% in the 3rd quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock worth $3,788,000 after acquiring an additional 10,152 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Greene County Bancorp by 53.4% during the third quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust’s stock valued at $129,000 after purchasing an additional 1,450 shares in the last quarter. Institutional investors own 13.39% of the company’s stock.

Greene County Bancorp Company Profile

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.