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In a recent series of transactions, David M. Orbach, Executive Chair of SR Bancorp , Inc. (NASDAQ:SRBK), acquired a significant amount of the company’s common stock. The transactions, which took place on May 19, 2025, involved the purchase of 8,500 shares at prices ranging from $13.18 to $13.20 per share, totaling approximately $98,935. The stock, currently trading at $13.31, sits near its 52-week high of $13.65, having delivered an impressive 44% return over the past year.
These acquisitions have increased Orbach’s direct and indirect ownership in the company. The shares were acquired through various transactions, including those held by his children, demonstrating a consolidated approach to increasing his stake in the $121 million market cap company. According to InvestingPro analysis, the stock appears overvalued at current levels.
Additionally, Orbach holds stock options for 95,079 shares, which are set to vest at a rate of 20% per year starting January 29, 2026. This strategic accumulation of shares and options highlights Orbach’s continued confidence in SR Bancorp’s future performance, despite the company not being profitable over the last twelve months. For more detailed insights and additional tips about SRBK, check out InvestingPro.
In other recent news, SR Bancorp, Inc. announced its first quarterly cash dividend of $0.05 per share, set to be distributed on April 15, 2025, to shareholders of record as of March 31, 2025. This development highlights SR Bancorp’s financial stability and its capacity to generate sufficient cash flow, enabling a return of value to its investors. William P. Taylor, the CEO, expressed satisfaction with the company’s strong financial position. As of December 31, 2024, Somerset Regal Bank, a subsidiary of SR Bancorp, reported total assets of $1.06 billion, net loans of $775.8 million, deposits of $824.1 million, and total equity of $198.1 million. The company also issued cautionary statements regarding forward-looking information, noting that such statements are based on current assumptions and expectations subject to risks and uncertainties. These factors include economic conditions, competitive pressures, and changes in interest rates, among others. SR Bancorp has disclaimed any obligation to update these forward-looking statements to reflect future events or circumstances.
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