FB Bancorp (NASDAQ:FBLA) Insider Josh Folds Sells 1,110 Shares

FB Bancorp, Inc. (NASDAQ:FBLAGet Free Report) insider Josh Folds sold 1,110 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $14.55, for a total transaction of $16,150.50. Following the completion of the transaction, the insider owned 30,746 shares of the company’s stock, valued at $447,354.30. This trade represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

FB Bancorp Price Performance

NASDAQ:FBLA traded down $0.03 during mid-day trading on Thursday, hitting $14.90. 47,708 shares of the stock traded hands, compared to its average volume of 113,350. The business’s 50-day moving average price is $14.14 and its 200 day moving average price is $13.55. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.32. The company has a market cap of $240.80 million, a PE ratio of 372.59 and a beta of -0.02. FB Bancorp, Inc. has a 12-month low of $11.09 and a 12-month high of $15.03.

FB Bancorp (NASDAQ:FBLAGet Free Report) last posted its earnings results on Thursday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $12.95 million for the quarter. FB Bancorp had a net margin of 0.83% and a return on equity of 0.93%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Weiss Ratings upgraded FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Wall Street Zen downgraded FB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on FB Bancorp

Hedge Funds Weigh In On FB Bancorp

Institutional investors have recently made changes to their positions in the stock. Alliancebernstein L.P. raised its position in shares of FB Bancorp by 18.4% during the 3rd quarter. Alliancebernstein L.P. now owns 783,690 shares of the company’s stock valued at $9,420,000 after buying an additional 121,780 shares in the last quarter. Geode Capital Management LLC grew its position in FB Bancorp by 109.5% in the second quarter. Geode Capital Management LLC now owns 434,736 shares of the company’s stock worth $4,892,000 after acquiring an additional 227,274 shares in the last quarter. Renaissance Technologies LLC grew its position in FB Bancorp by 31.3% in the first quarter. Renaissance Technologies LLC now owns 266,500 shares of the company’s stock worth $3,662,000 after acquiring an additional 63,600 shares in the last quarter. State Street Corp increased its stake in FB Bancorp by 24.6% in the fourth quarter. State Street Corp now owns 252,889 shares of the company’s stock valued at $3,250,000 after acquiring an additional 49,995 shares during the last quarter. Finally, Mangrove Partners IM LLC increased its stake in FB Bancorp by 1.0% in the fourth quarter. Mangrove Partners IM LLC now owns 144,020 shares of the company’s stock valued at $1,851,000 after acquiring an additional 1,454 shares during the last quarter.

About FB Bancorp

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FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.

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