HYNE (NASDAQ:HYNE) Announces Earnings Results

HYNE (NASDAQ:HYNE) posted its quarterly earnings data on Tuesday. The company reported $0.01 earnings per share for the quarter, FiscalAI reports. The business had revenue of $4.82 million during the quarter.

HYNE Trading Up 0.3%

Shares of HYNE stock traded up $0.05 during trading hours on Tuesday, hitting $16.26. 5,581 shares of the company were exchanged, compared to its average volume of 31,739. The stock has a market capitalization of $131.71 million and a price-to-earnings ratio of -813.00. The firm has a fifty day simple moving average of $16.47 and a 200 day simple moving average of $15.52. HYNE has a 52-week low of $13.35 and a 52-week high of $16.86.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Weiss Ratings raised HYNE from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, June 11th. Wall Street Zen raised shares of HYNE from a “sell” rating to a “hold” rating in a report on Sunday, July 5th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Insider Buying and Selling

In other news, CEO Walter F. Healy acquired 1,537 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average price of $16.28 per share, for a total transaction of $25,022.36. Following the completion of the purchase, the chief executive officer owned 15,821 shares in the company, valued at approximately $257,565.88. This trade represents a 10.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders purchased a total of 1,998 shares of company stock valued at $32,267 in the last quarter. 3.20% of the stock is currently owned by corporate insiders.

Institutional Trading of HYNE

Several hedge funds have recently made changes to their positions in HYNE. Marquette Asset Management LLC purchased a new position in shares of HYNE during the 2nd quarter valued at $223,000. HRT Financial LP purchased a new stake in HYNE in the 4th quarter worth about $205,000. Harbor Advisors LLC purchased a new stake in HYNE in the 4th quarter worth about $217,000. Jane Street Group LLC bought a new stake in HYNE in the 4th quarter valued at about $307,000. Finally, Raffles Associates LP bought a new stake in HYNE in the 4th quarter valued at about $346,000.

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.