1 day Ago By ABMN Staff
Bank of New York Mellon Corp bought a new stake in shares of NB Bancorp, Inc. ( NASDAQ:NBBK – Free Report ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 120,688 shares of the company’s stock, valued at approximately $1,820,000.
Bank of New York Mellon Corp owned 0.28% of NB Bancorp at the end of the most recent quarter. Several other large investors have also recently bought and sold shares of NBBK.
BNP Paribas Financial Markets acquired a new position in NB Bancorp during the 1st quarter valued at about $85,000. SG Americas Securities LLC acquired a new position in shares of NB Bancorp in the 2nd quarter worth approximately $267,000. Barry Investment Advisors LLC acquired a new position in shares of NB Bancorp in the 1st quarter worth approximately $273,000.
Janney Montgomery Scott LLC acquired a new position in shares of NB Bancorp in the 1st quarter worth approximately $273,000. Finally, Janus Henderson Group PLC acquired a new position in shares of NB Bancorp in the 1st quarter worth approximately $312,000. NB Bancorp Stock Down 0.
4 % NASDAQ NBBK opened at $18.41 on Wednesday. NB Bancorp, Inc.
has a 12-month low of $13.10 and a 12-month high of $19.27.
The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.
08. The company has a 50 day moving average price of $17.89 and a two-hundred day moving average price of $15.
66. Insider Activity at NB Bancorp In other NB Bancorp news, CEO Joseph P. Campanelli acquired 5,000 shares of the company’s stock in a transaction dated Friday, August 2nd.
The stock was bought at an average price of $17.49 per share, for a total transaction of $87,450.00.
Following the purchase, the chief executive officer now owns 50,000 shares in the company, valued at approximately $874,500. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . In other news, CEO Joseph P.
Campanelli bought 5,000 shares of the stock in a transaction dated Friday, August 2nd. The shares were acquired at an average price of $17.49 per share, with a total value of $87,450.
00. Following the acquisition, the chief executive officer now owns 50,000 shares in the company, valued at $874,500. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link .
Also, CEO Joseph P. Campanelli acquired 3,000 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were bought at an average cost of $16.
44 per share, for a total transaction of $49,320.00. Following the acquisition, the chief executive officer now owns 53,000 shares in the company, valued at $871,320.
The disclosure for this purchase can be found here . Insiders purchased a total of 11,500 shares of company stock worth $198,675 in the last ninety days. 1.
70% of the stock is currently owned by insiders. Analyst Upgrades and Downgrades Separately, Piper Sandler raised their target price on shares of NB Bancorp from $17.00 to $20.
00 and gave the stock an “overweight” rating in a report on Thursday, July 25th. Read Our Latest Stock Report on NB Bancorp About NB Bancorp ( Free Report ) NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.
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