FB Bancorp, Inc.’s Lock-Up Period Set To End on April 21st (NASDAQ:FBLA)

FB Bancorp’s (NASDAQ:FBLA) lock-up period will end on Monday, April 21st. FB Bancorp had issued 19,837,500 shares in its public offering on October 23rd. The total size of the offering was $198,375,000 based on an initial share price of $10.00. After the end of FB Bancorp’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

FB Bancorp Price Performance

Shares of NASDAQ FBLA opened at $10.60 on Friday. FB Bancorp has a 1 year low of $9.81 and a 1 year high of $12.74. The firm’s fifty day moving average price is $11.08.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Alliancebernstein L.P. bought a new stake in FB Bancorp in the fourth quarter worth about $6,840,000. BlackBarn Capital Partners LP bought a new stake in shares of FB Bancorp in the 4th quarter worth approximately $4,768,000. Fourthstone LLC acquired a new stake in FB Bancorp during the fourth quarter valued at approximately $3,502,000. Stieven Capital Advisors L.P. acquired a new stake in FB Bancorp during the fourth quarter valued at approximately $2,647,000. Finally, Geode Capital Management LLC bought a new stake in FB Bancorp during the fourth quarter worth approximately $2,436,000.

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.