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Taking a Closer Look At NB Bancorp Inc. (NBBK) Following Its Recent Trade

In a filing, NB Bancorp Inc. revealed its President & CEO CAMPANELLI JOSEPH P acquired Company’s shares for reported $49320.0 on Aug 05 ’24. In the deal valued at $16.44 per share,3,000 shares were bought. As a result of this transaction, CAMPANELLI JOSEPH P now holds 53,000 shares worth roughly $0.93 million.

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Then, CAMPANELLI JOSEPH P bought 5,000 shares, generating $87,454 in total proceeds. Upon buying the shares at $17.49, the President & CEO now owns 50,000 shares.

Before that, Lapointe Jean-Pierre bought 3,000 shares. NB Bancorp Inc. shares valued at $52,485 were divested by the EVP and CFO at a price of $17.49 per share. As a result of the transaction, Lapointe Jean-Pierre now holds 3,300 shares, worth roughly $58113.0.

Piper Sandler initiated its NB Bancorp Inc. [NBBK] rating to an Overweight in a research note published on April 09, 2024; the price target was $17.

Price Performance Review of NBBK

On Tuesday, NB Bancorp Inc. [NASDAQ:NBBK] saw its stock jump 1.38% to $17.61. Over the last five days, the stock has gained 1.91%. NB Bancorp Inc. shares have risen nearly 30.93% since the year began.

Levels Of Support And Resistance For NBBK Stock

The 24-hour chart illustrates a support level at 17.31, which if violated will result in even more drops to 17.01. On the upside, there is a resistance level at 17.77. A further resistance level may holdings at 17.93. The Relative Strength Index (RSI) on the 14-day chart is 54.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.56%. Stochastics%K at 34.81% indicates the stock is a holding.

How much short interest is there in NB Bancorp Inc.?

A steep rise in short interest was recorded in NB Bancorp Inc. stocks on , growing by 1.47 million shares to a total of 2.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 0.96 million shares. There was a rise of 60.43%, which implies that there is a positive sentiment for the stock.

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