Greene County Bancorp (NASDAQ:GCBC) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Greene County Bancorp, Inc. (NASDAQ:GCBC)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.96 and traded as low as $25.90. Greene County Bancorp shares last traded at $26.25, with a volume of 16,858 shares traded.

Greene County Bancorp Trading Up 0.7 %

The company’s 50 day moving average price is $30.29 and its two-hundred day moving average price is $30.96. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a market capitalization of $446.96 million, a PE ratio of 18.10 and a beta of 0.46.

Insiders Place Their Bets

In related news, Director Tejraj S. Hada purchased 2,000 shares of Greene County Bancorp stock in a transaction dated Friday, November 1st. The shares were acquired at an average cost of $28.00 per share, with a total value of $56,000.00. Following the purchase, the director now owns 8,651 shares of the company’s stock, valued at approximately $242,228. The trade was a 30.07 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Nick Barzee purchased 892 shares of Greene County Bancorp stock in a transaction dated Friday, October 25th. The stock was bought at an average cost of $28.57 per share, for a total transaction of $25,484.44. Following the completion of the purchase, the chief financial officer now directly owns 900 shares in the company, valued at approximately $25,713. This trade represents a 11,150.00 % increase in their position. The disclosure for this purchase can be found here. 5.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Greene County Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in shares of Greene County Bancorp by 115.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust’s stock valued at $338,000 after acquiring an additional 5,863 shares during the period. Barclays PLC grew its holdings in shares of Greene County Bancorp by 370.0% in the third quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 9,229 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Greene County Bancorp by 1.5% in the third quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock valued at $5,048,000 after purchasing an additional 2,458 shares in the last quarter. State Street Corp grew its holdings in shares of Greene County Bancorp by 9.0% in the third quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock valued at $3,788,000 after purchasing an additional 10,152 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Greene County Bancorp by 69.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust’s stock valued at $493,000 after purchasing an additional 6,517 shares in the last quarter. 13.39% of the stock is owned by hedge funds and other institutional investors.

About Greene County Bancorp

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.