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Lupo Thomas, a director at SR Bancorp , Inc. (NASDAQ:SRBK), recently purchased 2,000 shares of the company’s common stock. The acquisition, which took place on March 12, 2025, was executed at an average price of $11.603 per share, amounting to a total transaction value of $23,206. Following this purchase, Thomas holds 41,015 shares directly. The transaction comes as SRBK, a $100.3 million market cap company, trades near $11.40, approximately 11% below its 52-week high of $12.76.
According to InvestingPro analysis, SRBK appears overvalued at current levels, trading at a notably high P/E ratio of 297x. Additionally, Thomas possesses stock options that represent 47,539 shares of common stock. These options are set to vest at a rate of 20% per year, starting November 21, 2025. The stock options have a conversion price of $11.040 and will expire on November 21, 2034.
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