Insider Buying: Greene County Bancorp (NASDAQ:GCBC) Director Acquires $50,024.00 in Stock

Greene County Bancorp, Inc. (NASDAQ:GCBCGet Free Report) Director John Brust purchased 2,080 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were acquired at an average cost of $24.05 per share, for a total transaction of $50,024.00. Following the acquisition, the director owned 4,180 shares of the company’s stock, valued at approximately $100,529. The trade was a 99.05% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

John Brust also recently made the following trade(s):

  • On Tuesday, April 28th, John Brust purchased 2,041 shares of Greene County Bancorp stock. The shares were acquired at an average cost of $24.50 per share, for a total transaction of $50,004.50.

Greene County Bancorp Stock Performance

GCBC opened at $24.05 on Friday. Greene County Bancorp, Inc. has a twelve month low of $21.16 and a twelve month high of $26.04. The stock has a market cap of $409.57 million, a PE ratio of 10.50 and a beta of 0.39. The business’s 50 day moving average is $22.83 and its 200-day moving average is $22.83. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.02.

Greene County Bancorp (NASDAQ:GCBCGet Free Report) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.62 EPS for the quarter. Greene County Bancorp had a return on equity of 15.71% and a net margin of 27.28%.The firm had revenue of $23.89 million for the quarter.

Greene County Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $0.10 dividend. The ex-dividend date is Friday, May 15th. This represents a $0.40 annualized dividend and a yield of 1.7%. Greene County Bancorp’s payout ratio is 17.47%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GCBC. BNP Paribas Financial Markets grew its position in Greene County Bancorp by 31.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,897 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 450 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Greene County Bancorp by 2.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,909 shares of the real estate investment trust’s stock valued at $504,000 after buying an additional 500 shares during the period. Hsbc Holdings PLC boosted its stake in shares of Greene County Bancorp by 1.2% during the 1st quarter. Hsbc Holdings PLC now owns 42,421 shares of the real estate investment trust’s stock valued at $968,000 after buying an additional 521 shares during the period. CWM LLC lifted its stake in shares of Greene County Bancorp by 35.9% in the 3rd quarter. CWM LLC now owns 2,296 shares of the real estate investment trust’s stock valued at $52,000 after purchasing an additional 607 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Greene County Bancorp by 3.6% in the 3rd quarter. Bank of America Corp DE now owns 18,085 shares of the real estate investment trust’s stock valued at $409,000 after purchasing an additional 636 shares during the last quarter. Institutional investors and hedge funds own 13.39% of the company’s stock.

About Greene County Bancorp

(Get Free Report)

Greene County Bancorp, Inc is the bank holding company for Greene County Community Bank, a full-service commercial bank based in Waynesburg, Pennsylvania. The company traces its roots to the early 20th century and has cultivated a reputation for community-focused banking in Greene County and the surrounding region of southwestern Pennsylvania.

Through its subsidiary, the company offers a broad range of financial products and services, including personal and business deposit accounts, residential and commercial real estate loans, consumer installment loans, and agricultural financing.

See Also

Insider Buying and Selling by Quarter for Greene County Bancorp (NASDAQ:GCBC)

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