Insider Buying: SR Bancorp, Inc. (NASDAQ:SRBK) CEO Buys $23,450.00 in Stock

SR Bancorp, Inc. (NASDAQ:SRBKGet Free Report) CEO William P. Taylor acquired 2,500 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were bought at an average cost of $9.38 per share, with a total value of $23,450.00. Following the completion of the transaction, the chief executive officer now directly owns 17,700 shares in the company, valued at approximately $166,026. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

SR Bancorp Stock Up 0.9 %

Shares of NASDAQ SRBK opened at $9.22 on Friday. The stock has a fifty day moving average price of $9.16 and a 200 day moving average price of $9.38. SR Bancorp, Inc. has a 1-year low of $8.01 and a 1-year high of $10.00.

SR Bancorp (NASDAQ:SRBKGet Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $8.78 million during the quarter.

Institutional Trading of SR Bancorp

A number of institutional investors have recently modified their holdings of SRBK. SeaCrest Wealth Management LLC acquired a new stake in SR Bancorp in the fourth quarter valued at $234,000. Stilwell Value LLC purchased a new position in shares of SR Bancorp in the 3rd quarter valued at about $347,000. Finally, Vanguard Group Inc. lifted its stake in shares of SR Bancorp by 31.5% in the first quarter. Vanguard Group Inc. now owns 446,393 shares of the company’s stock valued at $4,214,000 after purchasing an additional 106,843 shares during the period. 24.70% of the stock is currently owned by hedge funds and other institutional investors.

About SR Bancorp

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for SR Bancorp (NASDAQ:SRBK)

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