David M. Orbach Buys 20,000 Shares of SR Bancorp, Inc. (NASDAQ:SRBK) Stock

SR Bancorp, Inc. (NASDAQ:SRBKGet Free Report) insider David M. Orbach bought 20,000 shares of the stock in a transaction on Monday, June 17th. The stock was purchased at an average cost of $9.15 per share, for a total transaction of $183,000.00. Following the acquisition, the insider now directly owns 120,000 shares of the company’s stock, valued at approximately $1,098,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

SR Bancorp Stock Up 0.9 %

SRBK opened at $9.22 on Friday. SR Bancorp, Inc. has a 52 week low of $8.01 and a 52 week high of $10.00. The business’s fifty day simple moving average is $9.16 and its 200 day simple moving average is $9.38.

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

Institutional Trading of SR Bancorp

A number of large investors have recently made changes to their positions in SRBK. SeaCrest Wealth Management LLC acquired a new stake in shares of SR Bancorp during the fourth quarter valued at $234,000. Stilwell Value LLC acquired a new stake in shares of SR Bancorp during the third quarter valued at $347,000. Finally, Vanguard Group Inc. lifted its position in SR Bancorp by 31.5% during the first quarter. Vanguard Group Inc. now owns 446,393 shares of the company’s stock worth $4,214,000 after buying an additional 106,843 shares during the period. Institutional investors and hedge funds own 24.70% of the company’s stock.

SR Bancorp Company Profile

(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.

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

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