Insider Buying: Cullman Bancorp, Inc. (NASDAQ:CULL) CEO Purchases 6,980 Shares of Stock

Cullman Bancorp, Inc. (NASDAQ:CULL) CEO John A. Riley III purchased 6,980 shares of the stock in a transaction dated Thursday, November 16th. The shares were acquired at an average cost of $10.27 per share, for a total transaction of $71,684.60. Following the completion of the acquisition, the chief executive officer now directly owns 233,811 shares of the company’s stock, valued at approximately $2,401,238.97. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Cullman Bancorp Stock Performance

Shares of CULL traded up $0.28 during trading hours on Friday, reaching $10.55. 2,496 shares of the company’s stock traded hands, compared to its average volume of 3,923. The firm has a market capitalization of $76.56 million, a price-to-earnings ratio of 19.40 and a beta of 0.07. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.32 and a quick ratio of 1.31. Cullman Bancorp, Inc. has a twelve month low of $10.22 and a twelve month high of $13.25. The business’s fifty day simple moving average is $10.45 and its two-hundred day simple moving average is $10.59.

Cullman Bancorp (NASDAQ:CULL) last issued its quarterly earnings results on Monday, August 14th. The company reported $0.14 EPS for the quarter. The company had revenue of $4.25 million for the quarter. Cullman Bancorp had a return on equity of 4.02% and a net margin of 19.50%.

Hedge Funds Weigh In On Cullman Bancorp

A number of institutional investors have recently bought and sold shares of CULL. Alliancebernstein L.P. increased its position in Cullman Bancorp by 41.3% in the 3rd quarter. Alliancebernstein L.P. now owns 321,662 shares of the company’s stock worth $3,429,000 after buying an additional 93,943 shares during the period. Brookstone Capital Management bought a new position in shares of Cullman Bancorp during the third quarter worth about $773,000. Mayfair Advisory Group LLC acquired a new stake in shares of Cullman Bancorp in the second quarter valued at approximately $152,000. Arcus Capital Partners LLC bought a new position in Cullman Bancorp during the 1st quarter worth $119,000. Finally, UBS Group AG increased its stake in Cullman Bancorp by 298.5% during the 3rd quarter. UBS Group AG now owns 6,010 shares of the company’s stock worth $64,000 after acquiring an additional 4,502 shares during the period. Hedge funds and other institutional investors own 9.00% of the company’s stock.

About Cullman Bancorp

Cullman Bancorp, Inc operates as the holding company for Cullman Savings Bank that provides various banking products and services in the United States. It offers checking, savings, and individual retirement accounts, as well as certificates of deposit accounts. The company also provides one- to four-family residential real estate, commercial real estate, commercial and industrial, construction, multi-family real estate, and consumer loans; term, line of credit, and agricultural loans; mortgage, home equity, and personal and auto loans; and invests in securities.