Catalyst Bancorp, Inc. (NASDAQ:CLST) CEO Purchases $98,246.07 in Stock

Catalyst Bancorp, Inc. (NASDAQ:CLST) CEO Joseph B. Zanco bought 8,333 shares of the stock in a transaction on Monday, December 2nd. The shares were acquired at an average price of $11.79 per share, with a total value of $98,246.07. Following the purchase, the chief executive officer now owns 15,759 shares of the company’s stock, valued at $185,798.61. The trade was a 112.21 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Catalyst Bancorp Stock Down 0.3 %

CLST stock opened at $11.77 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.25. Catalyst Bancorp, Inc. has a 1-year low of $10.60 and a 1-year high of $12.10. The firm has a fifty day moving average price of $11.52 and a two-hundred day moving average price of $11.56. The firm has a market cap of $51.08 million, a price-to-earnings ratio of -14.35 and a beta of 0.14.

Catalyst Bancorp (NASDAQ:CLST) last released its earnings results on Thursday, October 24th. The company reported $0.11 earnings per share for the quarter. The business had revenue of $4.29 million for the quarter. During the same period last year, the firm posted $0.03 EPS.

Institutional Trading of Catalyst Bancorp

Institutional investors have recently added to or reduced their stakes in the business. Wittenberg Investment Management Inc. bought a new stake in Catalyst Bancorp during the third quarter valued at $416,000. Geode Capital Management LLC grew its position in shares of Catalyst Bancorp by 60.5% during the third quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock worth $439,000 after acquiring an additional 14,498 shares during the last quarter. Finally, Graham Capital Wealth Management LLC grew its position in shares of Catalyst Bancorp by 165.4% during the second quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock worth $1,857,000 after acquiring an additional 99,912 shares during the last quarter. Institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Company Profile

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit.