Greene County Bancorp (NASDAQ:GCBC) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Greene County Bancorp, Inc. (NASDAQ:GCBC) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.96 and traded as low as $25.90. Greene County Bancorp shares last traded at $26.25, with a volume of 16,858 shares changing hands.

Greene County Bancorp Trading Up 2.1 %

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a 50-day moving average price of $30.04 and a two-hundred day moving average price of $30.84. The stock has a market cap of $454.28 million, a PE ratio of 18.40 and a beta of 0.46.

Insider Activity at Greene County Bancorp

In other Greene County Bancorp news, Director Tejraj S. Hada bought 2,000 shares of Greene County Bancorp stock in a transaction dated Friday, November 1st. The shares were purchased at an average cost of $28.00 per share, for a total transaction of $56,000.00. Following the acquisition, the director now directly owns 8,651 shares in the company, valued at approximately $242,228. This represents a 30.07 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Nick Barzee purchased 892 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was acquired at an average cost of $28.57 per share, with a total value of $25,484.44. Following the acquisition, the chief financial officer now owns 900 shares in the company, valued at $25,713. The trade was a 11,150.00 % increase in their position. The disclosure for this purchase can be found here. 5.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Greene County Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its holdings in shares of Greene County Bancorp by 53.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 1,450 shares during the period. Renaissance Technologies LLC bought a new stake in Greene County Bancorp in the second quarter worth $260,000. JPMorgan Chase & Co. boosted its stake in Greene County Bancorp by 115.5% during the third quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust’s stock worth $338,000 after buying an additional 5,863 shares during the period. Barclays PLC increased its position in Greene County Bancorp by 370.0% during the third quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock valued at $362,000 after acquiring an additional 9,229 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Greene County Bancorp by 69.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust’s stock valued at $493,000 after acquiring an additional 6,517 shares during the period. 13.39% of the stock is currently owned by hedge funds and other institutional investors.

About Greene County Bancorp

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.