Insider Buying: Simplicity Bancorp CEO Buys 1,291 Shares of Stock (SMPL)
Simplicity Bancorp (NASDAQ:SMPL) CEO Dustin Luton purchased 1,291 shares of the company’s stock on the open market in a transaction dated Wednesday, September 11th. The shares were purchased at an average cost of $15.09 per share, for a total transaction of $19,481.19. Following the completion of the acquisition, the chief executive officer now directly owns 33,214 shares of the company’s stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Simplicity Bancorp (NASDAQ:SMPL) traded down 0.53% during mid-day trading on Thursday, hitting $14.92. The stock had a trading volume of 4,086 shares. Simplicity Bancorp has a 52 week low of $13.50 and a 52 week high of $15.69. The stock has a 50-day moving average of $14.97 and a 200-day moving average of $14.84. The company has a market cap of $121.9 million and a P/E ratio of 19.74.
Simplicity Bancorp Inc, formerly K-Fed Bancorp, is a federally-chartered stock holding company. K-Fed Bancorp is a wholly owned subsidiary of K-Fed Mutual Holding Company (NASDAQ:SMPL), a federally-chartered mutual holding company.
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