James Castelletti Acquires 1,000 Shares of SR Bancorp, Inc. (NASDAQ:SRBK) Stock

SR Bancorp, Inc. (NASDAQ:SRBK) SVP James Castelletti purchased 1,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price 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 in the company, valued at $12,340. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

SR Bancorp Price Performance

NASDAQ SRBK opened at $12.17 on Friday. The company has a market cap of $114.91 million, a PE ratio of 101.43 and a beta of 1.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.10. The firm’s 50-day simple moving average is $11.31 and its two-hundred day simple moving average is $10.37. SR Bancorp, Inc. has a 52 week low of $8.94 and a 52 week high of $12.46.

Institutional Trading of SR Bancorp

A number of institutional investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in SR Bancorp by 30.7% during the 3rd quarter. Geode Capital Management LLC now owns 93,372 shares of the company’s stock valued at $1,041,000 after acquiring an additional 21,930 shares during the period. Fourthstone LLC purchased a new position in shares of SR Bancorp in the third quarter valued at $756,000. Finally, Arcus Capital Partners LLC purchased a new position in shares of SR Bancorp in the third quarter valued at $276,000. 24.70% of the stock is currently owned by hedge funds and other institutional investors.

About SR Bancorp

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.