NB Bancorp, Inc. (NASDAQ:NBBK) Stock Holdings Trimmed by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lowered its stake in shares of NB Bancorp, Inc. (NASDAQ:NBBK - Free Report) by 51.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,480 shares of the company's stock after selling 27,124 shares during the period. Tudor Investment Corp ET AL owned approximately 0.06% of NB Bancorp worth $460,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD grew its stake in shares of NB Bancorp by 18.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,032 shares of the company's stock valued at $272,000 after buying an additional 2,297 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of NB Bancorp by 87.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,433 shares of the company's stock valued at $80,000 after buying an additional 2,073 shares during the period. MetLife Investment Management LLC grew its stake in shares of NB Bancorp by 5.6% during the 4th quarter. MetLife Investment Management LLC now owns 24,251 shares of the company's stock valued at $438,000 after buying an additional 1,293 shares during the period. First Trust Advisors LP purchased a new stake in shares of NB Bancorp during the 4th quarter valued at $471,000. Finally, Jump Financial LLC boosted its position in NB Bancorp by 69.3% during the 4th quarter. Jump Financial LLC now owns 23,580 shares of the company's stock worth $426,000 after purchasing an additional 9,649 shares during the period.

NB Bancorp Stock Down 0.3%

Shares of NBBK traded down $0.06 during midday trading on Wednesday, reaching $17.74. 18,404 shares of the company were exchanged, compared to its average volume of 256,911. The stock has a 50-day moving average price of $17.40 and a 200-day moving average price of $18.52. The company has a market cap of $742.09 million, a price-to-earnings ratio of 16.57 and a beta of 0.57. NB Bancorp, Inc. has a 1-year low of $14.20 and a 1-year high of $21.05. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

NB Bancorp (NASDAQ:NBBK - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.35 EPS for the quarter, hitting analysts' consensus estimates of $0.35. The company had revenue of $47.39 million for the quarter, compared to analysts' expectations of $44.50 million. NB Bancorp had a return on equity of 6.04% and a net margin of 13.86%. Research analysts expect that NB Bancorp, Inc. will post 1.39 earnings per share for the current year.

Insider Buying and Selling at NB Bancorp

In other news, Director Francis Orfanello acquired 5,000 shares of the firm's stock in a transaction on Tuesday, April 29th. The stock was bought at an average cost of $17.09 per share, with a total value of $85,450.00. Following the transaction, the director now directly owns 130,237 shares in the company, valued at approximately $2,225,750.33. This represents a 3.99% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Joseph P. Campanelli acquired 2,000 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was purchased at an average cost of $17.75 per share, with a total value of $35,500.00. Following the completion of the transaction, the chief executive officer now owns 55,000 shares in the company, valued at $976,250. The trade was a 3.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 7,500 shares of company stock valued at $130,320 in the last ninety days. Insiders own 1.90% of the company's stock.

About NB Bancorp

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.