Insider Selling: FB Bancorp (NASDAQ:FBLA) Insider Sells $16,150.50 in Stock

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

FB Bancorp Stock Performance

NASDAQ FBLA opened at $15.30 on Friday. The company has a market capitalization of $247.25 million, a price-to-earnings ratio of 382.60 and a beta of -0.02. FB Bancorp, Inc. has a twelve month low of $11.15 and a twelve month high of $15.46. The stock has a fifty day simple moving average of $14.18 and a 200 day simple moving average of $13.58. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.32.

FB Bancorp (NASDAQ:FBLA) last announced 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 during the quarter. FB Bancorp had a return on equity of 0.93% and a net margin of 0.83%.

Hedge Funds Weigh In On FB Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. R Squared Ltd boosted its position in FB Bancorp by 3.1% during the fourth quarter. R Squared Ltd now owns 25,974 shares of the company’s stock valued at $334,000 after acquiring an additional 789 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its position in shares of FB Bancorp by 5.3% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 20,993 shares of the company’s stock worth $270,000 after acquiring an additional 1,050 shares in the last quarter. Mangrove Partners IM LLC lifted its stake in shares of FB Bancorp by 1.0% in the 4th quarter. Mangrove Partners IM LLC now owns 144,020 shares of the company’s stock valued at $1,851,000 after purchasing an additional 1,454 shares during the period. Nuveen LLC lifted its stake in shares of FB Bancorp by 6.3% in the 4th quarter. Nuveen LLC now owns 32,279 shares of the company’s stock valued at $415,000 after purchasing an additional 1,908 shares during the period. Finally, Barclays PLC lifted its stake in shares of FB Bancorp by 11.0% in the 4th quarter. Barclays PLC now owns 27,911 shares of the company’s stock valued at $359,000 after purchasing an additional 2,767 shares during the period.

Wall Street Analysts Forecast Growth

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

About FB Bancorp

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.