A Director at Home Bancorp is Exercising Options

By Carrie Williams

Today, a Director at Home Bancorp, Paul Blanchet, exercised options of Home Bancorp for $40.08K.

Following Paul Blanchet’s last HBCP Buy transaction on June 17, 2016, the stock climbed by 17.0%. Following this transaction Paul Blanchet’s holding in the company was increased by 5.77% to a total of $2.73 million.

Based on Home Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $19.96 million and quarterly net profit of $4.09 million. In comparison, last year the company earned revenue of $19.36 million and had a net profit of $4.36 million. The company has a one-year high of $47.20 and a one-year low of $32.52. HBCP’s market cap is $315M and the company has a P/E ratio of 17.21.

The insider sentiment on Home Bancorp has been positive according to 29 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Home Bancorp, Inc. operates as a holding company for Home Bank, which engages in attracting deposits from the general public and using those funds to invest in loans and securities. It primarily collects customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank to provide loan services including ne-to-four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial, and consumer loans. The company was founded in May 2008 and is headquartered in Lafayette, LA.