Catalyst Bancorp, Inc. (NASDAQ:CLST) Director Kirk E. Kleiser Purchases 1,900 Shares

Catalyst Bancorp, Inc. (NASDAQ:CLST) Director Kirk E. Kleiser bought 1,900 shares of the stock in a transaction dated Friday, November 22nd. The stock was purchased at an average cost of $11.63 per share, for a total transaction of $22,097.00. Following the acquisition, the director now owns 4,400 shares of the company’s stock, valued at approximately $51,172. This represents a 76.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Catalyst Bancorp Trading Up 0.4 %

Shares of NASDAQ:CLST opened at $11.65 on Friday. The firm’s 50-day simple moving average is $11.40 and its 200-day simple moving average is $11.56. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. Catalyst Bancorp, Inc. has a fifty-two week low of $10.60 and a fifty-two week high of $12.10.

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

Institutional Trading of Catalyst Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wittenberg Investment Management Inc. acquired a new stake in shares of Catalyst Bancorp in the third quarter valued at about $416,000. Geode Capital Management LLC lifted its stake in shares of Catalyst Bancorp by 60.5% in the third quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after purchasing an additional 14,498 shares during the period. Finally, Graham Capital Wealth Management LLC lifted its stake in shares of Catalyst Bancorp by 165.4% in the second quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock valued at $1,857,000 after purchasing an additional 99,912 shares during the period. Institutional investors and hedge funds own 33.09% of the company’s stock.

About Catalyst Bancorp

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.