SR Bancorp, Inc. (NASDAQ:SRBK) COO Christopher J. Pribula Acquires 1,000 Shares of Stock

SR Bancorp, Inc. (NASDAQ:SRBK) COO Christopher J. Pribula acquired 1,000 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was purchased at an average price of $11.63 per share, with a total value of $11,630.00. Following the transaction, the chief operating officer now owns 47,933 shares in the company, valued at $557,460.79. This represents a 2.13 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

SR Bancorp Price Performance

SRBK stock opened at $11.74 on Friday. The stock has a 50-day moving average price of $12.09 and a two-hundred day moving average price of $11.39. The stock has a market cap of $108.47 million, a PE ratio of 195.70 and a beta of 0.91. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.15. SR Bancorp, Inc. has a 1 year low of $8.94 and a 1 year high of $12.76.

SR Bancorp (NASDAQ:SRBK) last released its earnings results on Friday, January 31st. The company reported $0.12 earnings per share (EPS) for the quarter. SR Bancorp had a return on equity of 0.21% and a net margin of 0.95%.

Hedge Funds Weigh In On SR Bancorp

A number of large investors have recently added to or reduced their stakes in the company. Mink Brook Asset Management LLC bought a new position in SR Bancorp during the 4th quarter worth about $3,384,000. Geode Capital Management LLC boosted its stake in shares of SR Bancorp by 30.7% during the 3rd quarter. Geode Capital Management LLC now owns 93,372 shares of the company’s stock worth $1,041,000 after buying an additional 21,930 shares during the last quarter. Fourthstone LLC acquired a new position in shares of SR Bancorp during the 3rd quarter worth about $756,000. Arcus Capital Partners LLC acquired a new position in shares of SR Bancorp during the 3rd quarter worth about $276,000. Finally, Northern Trust Corp boosted its stake in shares of SR Bancorp by 34.3% during the 4th quarter. Northern Trust Corp now owns 18,592 shares of the company’s stock worth $221,000 after buying an additional 4,748 shares during the last quarter. Institutional investors own 24.70% of the company’s stock.

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.