Mark Boulanger Acquires 1,200 Shares of First Seacoast Bancorp (NASDAQ:FSEA) Stock

Key Points

• Mark Boulanger, a director at First Seacoast Bancorp, acquired 1,200 shares of the company's stock for $13,764, increasing his total holdings to 6,501 shares.
• Following a recent earnings report showing ($0.13) EPS and revenue of $3.88 million, First Seacoast Bancorp has seen a negative return on equity of 4.02%.
• Renaissance Technologies LLC increased its stake in First Seacoast Bancorp by 80.7%, owning approximately 0.40% of the company after acquiring an additional 8,500 shares.

First Seacoast Bancorp Inc. (NASDAQ:FSEA - Get Free Report) Director Mark Boulanger acquired 1,200 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The stock was bought at an average price of $11.47 per share, for a total transaction of $13,764.00. Following the acquisition, the director owned 6,501 shares of the company's stock, valued at approximately $74,566.47. This trade represents a 22.64% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

First Seacoast Bancorp Price Performance

Shares of FSEA remained flat at $11.52 during trading hours on Wednesday. The stock had a trading volume of 2,051 shares, compared to its average volume of 9,122. The firm has a market cap of $54.14 million, a price-to-earnings ratio of -20.21 and a beta of 0.10. The company's 50-day moving average is $11.39 and its 200 day moving average is $11.20. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97. First Seacoast Bancorp Inc. has a 1 year low of $8.90 and a 1 year high of $11.80.

First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The company reported ($0.13) EPS for the quarter. The company had revenue of $3.88 million during the quarter. First Seacoast Bancorp had a negative return on equity of 4.02% and a negative net margin of 9.05%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Seacoast Bancorp stock. Renaissance Technologies LLC lifted its stake in First Seacoast Bancorp Inc. (NASDAQ:FSEA - Free Report) by 80.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,032 shares of the company's stock after buying an additional 8,500 shares during the period. Renaissance Technologies LLC owned approximately 0.40% of First Seacoast Bancorp worth $191,000 as of its most recent SEC filing. Institutional investors and hedge funds own 38.38% of the company's stock.

About First Seacoast Bancorp

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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