U.S. stocks edge higher; solid earnings season continues
NEW ORLEANS—Ferris Christopher S, the President and CEO of FB Bancorp , Inc. (NASDAQ:FBLA), has made a significant purchase of the company’s stock, according to a recent SEC filing. On June 5, 2025, Ferris acquired 500 shares of FB Bancorp common stock at a price of $10.88 per share, totaling $5,440. The stock currently trades at $11.08, representing a modest 1.8% gain since the insider purchase. With a market capitalization of approximately $200 million, FB Bancorp has seen its shares decline 8.6% year-to-date. InvestingPro analysis reveals concerning fundamentals, including weak profit margins and lack of profitability over the past twelve months. This transaction increases his direct ownership to 5,269 shares. Additionally, Ferris holds 30,243 shares indirectly through a 401(k) plan. This move underscores Ferris’s confidence in the company’s future prospects, despite the company’s current challenges. Trading at 0.61 times book value, the stock appears attractively valued on this metric. For deeper insights into FB Bancorp’s valuation metrics and additional exclusive analysis, subscribers can access more than 10 additional key indicators on InvestingPro.
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