Key Points
- EVP Jesse Tomczak sold 5,395 shares on December 12 at an average price of $14.69 for $79,252.55, leaving him with 41,000 shares — an 11.63% reduction in his ownership; the transaction was disclosed to the SEC.
- PBFS shares opened at $14.44 and trade near their one-year high (range $10.60–$14.94) with 50- and 200-day moving averages of $13.33 and $12.79, respectively; the company has a market cap of about $362 million and a P/E of 18.05.
- Weiss Ratings reissued a "Hold (C+)" on Pioneer Bancorp and the stock's consensus rating on MarketBeat is currently Hold.
Pioneer Bancorp, Inc. (NASDAQ:PBFS - Get Free Report) EVP Jesse Tomczak sold 5,395 shares of Pioneer Bancorp stock in a transaction on Friday, December 12th. The stock was sold at an average price of $14.69, for a total transaction of $79,252.55. Following the transaction, the executive vice president directly owned 41,000 shares in the company, valued at $602,290. This represents a 11.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Pioneer Bancorp Price Performance
Shares of PBFS stock opened at $14.44 on Tuesday. The firm has a 50-day moving average of $13.33 and a 200-day moving average of $12.79. Pioneer Bancorp, Inc. has a one year low of $10.60 and a one year high of $14.94. The company has a market cap of $362.17 million, a P/E ratio of 18.05 and a beta of 0.45.
Pioneer Bancorp (NASDAQ:PBFS - Get Free Report) last issued its quarterly earnings data on Friday, November 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Pioneer Bancorp had a net margin of 16.17% and a return on equity of 6.38%. The business had revenue of $24.02 million during the quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a "hold (c+)" rating on shares of Pioneer Bancorp in a research report on Monday, December 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold".
Check Out Our Latest Report on Pioneer Bancorp
Institutional Trading of Pioneer Bancorp
A number of large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in shares of Pioneer Bancorp by 83.3% in the third quarter. BNP Paribas Financial Markets now owns 2,183 shares of the company's stock valued at $29,000 after buying an additional 992 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new stake in Pioneer Bancorp in the 2nd quarter valued at about $32,000. CWM LLC lifted its holdings in Pioneer Bancorp by 65.1% during the third quarter. CWM LLC now owns 2,610 shares of the company's stock valued at $34,000 after purchasing an additional 1,029 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Pioneer Bancorp by 160.5% during the second quarter. Tower Research Capital LLC TRC now owns 3,493 shares of the company's stock worth $42,000 after purchasing an additional 2,152 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of Pioneer Bancorp by 238.8% in the third quarter. Russell Investments Group Ltd. now owns 4,045 shares of the company's stock worth $53,000 after purchasing an additional 2,851 shares in the last quarter.
About Pioneer Bancorp
(
Get Free Report)
Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.
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