HYNE (NASDAQ:HYNE) Issues Earnings Results

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

HYNE Trading Down 3.7%

Shares of NASDAQ HYNE traded down $0.60 during midday trading on Wednesday, reaching $15.66. The company’s stock had a trading volume of 51,791 shares, compared to its average volume of 31,732. HYNE has a one year low of $13.35 and a one year high of $16.86. The company has a market cap of $126.80 million and a price-to-earnings ratio of -783.00. The company has a 50 day moving average price of $16.47 and a 200 day moving average price of $15.53.

Insider Activity at HYNE

In other news, CEO Walter F. Healy purchased 1,537 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average price of $16.28 per share, with a total value of $25,022.36. Following the purchase, the chief executive officer owned 15,821 shares in the company, valued at $257,565.88. This represents a 10.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have acquired 1,998 shares of company stock worth $32,267. Insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HYNE. HRT Financial LP acquired a new stake in shares of HYNE in the fourth quarter valued at about $205,000. Harbor Advisors LLC bought a new position in HYNE in the 4th quarter worth approximately $217,000. Marquette Asset Management LLC acquired a new position in shares of HYNE during the second quarter worth approximately $223,000. Jane Street Group LLC bought a new stake in shares of HYNE in the fourth quarter valued at approximately $307,000. Finally, Raffles Associates LP acquired a new stake in shares of HYNE in the fourth quarter worth $346,000.

Analysts Set New Price Targets

Several analysts have issued reports on HYNE shares. Weiss Ratings upgraded HYNE from a “sell (e)” rating to a “sell (e+)” rating in a research note 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 investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

HYNE Company Profile

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.