FB Bancorp, Inc.’s (NASDAQ:FBLA) Lock-Up Period Will End Tomorrow

FB Bancorp’s (NASDAQ:FBLA) lock-up period will expire on Monday, April 21st. FB Bancorp had issued 19,837,500 shares in its IPO on October 23rd. The total size of the offering was $198,375,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

FB Bancorp Stock Performance

NASDAQ:FBLA opened at $10.60 on Friday. The stock has a 50 day moving average price of $11.05. FB Bancorp has a 52 week low of $9.81 and a 52 week high of $12.74.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC bought a new stake in FB Bancorp in the fourth quarter worth $25,000. Cubist Systematic Strategies LLC acquired a new stake in shares of FB Bancorp in the fourth quarter worth about $57,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of FB Bancorp in the fourth quarter worth about $119,000. Stilwell Value LLC bought a new stake in shares of FB Bancorp during the 4th quarter worth about $238,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of FB Bancorp during the 4th quarter valued at about $263,000.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.