NB Bancorp, Inc. (NASDAQ:NBBK) CFO Jean-Pierre Lapointe Buys 3,095 Shares

NB Bancorp, Inc. (NASDAQ:NBBK) CFO Jean-Pierre Lapointe purchased 3,095 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was acquired at an average price of $15.05 per share, with a total value of $46,579.75. Following the completion of the purchase, the chief financial officer now owns 3,124 shares in the company, valued at $47,016.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jean-Pierre Lapointe also recently made the following trade(s):

• On Monday, March 11th, Jean-Pierre Lapointe purchased 200 shares of NB Bancorp stock. The stock was acquired at an average price of $13.80 per share, with a total value of $2,760.00.

NB Bancorp Trading Up 0.7 %

NBBK traded up $0.11 during trading hours on Thursday, hitting $15.28. The company’s stock had a trading volume of 258,617 shares, compared to its average volume of 403,571. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a 50-day moving average of $13.94. NB Bancorp, Inc. has a 12 month low of $13.10 and a 12 month high of $15.30.

NB Bancorp (NASDAQ:NBBK) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.06. The business had revenue of $42.13 million during the quarter, compared to analysts’ expectations of $38.30 million. Sell-side analysts expect that NB Bancorp, Inc. will post 0.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Piper Sandler started coverage on shares of NB Bancorp in a research note on Tuesday, April 9th. They issued an “overweight” rating and a $17.00 price target for the company.

Institutional Investors Weigh In On NB Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in NBBK. BNP Paribas Financial Markets acquired a new stake in NB Bancorp during the 1st quarter worth $85,000. Gray Private Wealth LLC acquired a new position in shares of NB Bancorp during the 1st quarter valued at about $145,000. Janney Montgomery Scott LLC acquired a new position in shares of NB Bancorp during the 1st quarter valued at about $273,000. Barry Investment Advisors LLC acquired a new position in shares of NB Bancorp during the 1st quarter valued at about $273,000. Finally, Oppenheimer & Close LLC acquired a new position in shares of NB Bancorp during the 4th quarter valued at about $915,000.

About NB Bancorp

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.