Key Points
- CFO Richard Donovan purchased 2,322 shares at $12.23 each (total $28,398.06), boosting his ownership 77.32% to 5,325 shares, in a transaction disclosed via an SEC filing.
- First Seacoast Bancorp shares traded at $12.23 (down ~1.6%), the company has a market cap of $57.46M and reported a recent quarter EPS of $0.08 but shows a negative net margin and negative return on equity.
- Analyst and institutional activity is mixed: Weiss Ratings reissued a "Sell" rating and the stock's consensus is "Sell," while Polaris Capital raised its stake by 28.2% to 90,537 shares and institutions own about 38.38% of the stock.
First Seacoast Bancorp Inc. (NASDAQ:FSEA - Get Free Report) CFO Richard Donovan purchased 2,322 shares of the stock in a transaction dated Tuesday, December 9th. The stock was bought at an average cost of $12.23 per share, with a total value of $28,398.06. Following the transaction, the chief financial officer owned 5,325 shares in the company, valued at $65,124.75. The trade was a 77.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
First Seacoast Bancorp Stock Down 1.6%
First Seacoast Bancorp stock traded down $0.20 during mid-day trading on Thursday, reaching $12.23. The stock had a trading volume of 2,150 shares, compared to its average volume of 4,301. First Seacoast Bancorp Inc. has a one year low of $9.25 and a one year high of $13.00. The company has a 50-day moving average price of $11.75 and a two-hundred day moving average price of $11.52. The company has a market capitalization of $57.46 million, a price-to-earnings ratio of -24.45 and a beta of 0.08. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.94 and a quick ratio of 0.94.
First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) last released its quarterly earnings data on Friday, November 14th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $3.99 million during the quarter. First Seacoast Bancorp had a negative net margin of 7.66% and a negative return on equity of 3.50%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of First Seacoast Bancorp in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of "Sell".
View Our Latest Analysis on First Seacoast Bancorp
Hedge Funds Weigh In On First Seacoast Bancorp
An institutional investor recently raised its position in First Seacoast Bancorp stock. Polaris Capital Management LLC raised its stake in shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA - Free Report) by 28.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 90,537 shares of the company's stock after acquiring an additional 19,900 shares during the period. Polaris Capital Management LLC owned approximately 1.92% of First Seacoast Bancorp worth $1,031,000 as of its most recent SEC filing. 38.38% of the stock is owned by hedge funds and other institutional investors.
First Seacoast Bancorp Company Profile
(
Get Free Report)
First Seacoast Bancorp, Inc operates as the holding company for First Seacoast Bank that provides commercial and consumer banking services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts, as well as time deposits.
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