U.S. stocks edge higher; solid earnings season continues
Randall L. Baker, the Chief Operating Officer of FB Bancorp , Inc. (NASDAQ:FBLA), recently acquired 261 shares of the company’s common stock. The shares were purchased at a price of $11.34 each, totaling approximately $2,959. The purchase comes as FB Bancorp, a $224 million market cap company, trades near its 52-week low, with InvestingPro analysis indicating the stock is currently undervalued. This transaction increases Baker’s direct ownership in the company to 261 shares. Additionally, Baker holds 6,500 shares indirectly through an IRA and 2,400 shares via a 401(k) plan, reflecting his continued investment in FB Bancorp. While the company currently shows weak financial health and isn’t profitable over the last twelve months, InvestingPro subscribers can access detailed insider trading patterns and 12+ additional key insights about FBLA’s financial outlook.
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