Kirk E. Kleiser Buys 1,900 Shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) Stock

Catalyst Bancorp, Inc. (NASDAQ:CLST) Director Kirk E. Kleiser bought 1,900 shares of the stock in a transaction on Friday, November 22nd. The stock was purchased at an average price of $11.63 per share, for a total transaction of $22,097.00. Following the completion of the purchase, the director now directly owns 4,400 shares in the company, valued at approximately $51,172. This represents a 76.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Catalyst Bancorp Trading Up 0.4 %

Catalyst Bancorp stock opened at $11.65 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.25 and a current ratio of 1.25. Catalyst Bancorp, Inc. has a fifty-two week low of $10.60 and a fifty-two week high of $12.10. The stock has a market cap of $50.56 million, a P/E ratio of -14.21 and a beta of 0.12. The firm’s fifty day moving average price is $11.40 and its 200-day moving average price is $11.56.

Catalyst Bancorp (NASDAQ:CLST) last posted its earnings results on Thursday, October 24th. The company reported $0.11 EPS for the quarter. The business had revenue of $4.29 million for the quarter. During the same period last year, the firm posted $0.03 EPS.

Hedge Funds Weigh In On Catalyst Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Wittenberg Investment Management Inc. bought a new stake in Catalyst Bancorp during the third quarter worth about $416,000. Geode Capital Management LLC lifted its position in Catalyst Bancorp by 60.5% in the 3rd quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock worth $439,000 after buying an additional 14,498 shares during the last quarter. Finally, Graham Capital Wealth Management LLC boosted its stake in Catalyst Bancorp by 165.4% in the second quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock worth $1,857,000 after buying an additional 99,912 shares in the last quarter. Hedge funds and other institutional investors own 33.09% of the company’s stock.

About Catalyst Bancorp

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit.