Insider Buying: HYNE (NASDAQ:HYNE) CEO Purchases $25,022.36 in Stock

HYNE (NASDAQ:HYNE) CEO Walter Healy acquired 1,537 shares of HYNE stock in a transaction on Thursday, June 11th. The shares were bought at an average cost of $16.28 per share, with a total value of $25,022.36. Following the completion of the purchase, the chief executive officer owned 15,821 shares in the company, valued at $257,565.88. The trade was a 10.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

HYNE Stock Performance

HYNE opened at $16.26 on Monday. The firm’s 50 day moving average is $15.80. The stock has a market cap of $131.71 million and a P/E ratio of -813.00. HYNE has a 52 week low of $13.35 and a 52 week high of $16.35.

HYNE (NASDAQ:HYNE) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.02) EPS for the quarter. The business had revenue of $4.48 million during the quarter.

Institutional Investors Weigh In On HYNE

Institutional investors and hedge funds have recently bought and sold shares of the stock. Peapod Lane Capital LLC purchased a new position in shares of HYNE during the 4th quarter worth $1,021,000. Harbor Advisors LLC purchased a new position in shares of HYNE during the 4th quarter worth $217,000. Gamco Investors INC. ET AL purchased a new position in shares of HYNE during the 4th quarter worth $932,000. Cerity Partners LLC purchased a new position in shares of HYNE during the 4th quarter worth $455,000. Finally, HRT Financial LP purchased a new position in shares of HYNE during the 4th quarter worth $205,000.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Wall Street Zen upgraded HYNE from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Weiss Ratings upgraded HYNE from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, HYNE has an average rating of “Sell”.

About HYNE

Hoyne Bancorp Inc focuses on operating as the bank holding company for Hoyne Savings Bank which provides various financial products and services. Hoyne Bancorp Inc is based in Chicago, Illinois.