ProShare Advisors LLC Has $6.23 Million Stake in First Busey Corporation $BUSE

Posted by George Bondi on May 23rd, 2026

ProShare Advisors LLC trimmed its position in First Busey Corporation (NASDAQ:BUSE – Free Report) by 50.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 261,974 shares of the bank’s stock after selling 271,168 shares during the period. ProShare Advisors LLC’s holdings in First Busey were worth $6,232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Busey by 36,664.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,131,973 shares of the bank’s stock valued at $74,510,000 after purchasing an additional 3,123,454 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of First Busey by 3.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 126,479 shares of the bank’s stock valued at $3,009,000 after purchasing an additional 4,678 shares in the last quarter. Allworth Financial LP raised its stake in shares of First Busey by 127.8% in the fourth quarter. Allworth Financial LP now owns 1,583 shares of the bank’s stock valued at $38,000 after purchasing an additional 888 shares in the last quarter. MPS Loria Financial Planners LLC raised its stake in shares of First Busey by 1.1% in the fourth quarter. MPS Loria Financial Planners LLC now owns 36,803 shares of the bank’s stock valued at $876,000 after purchasing an additional 405 shares in the last quarter. Finally, Sunesis Advisors LLC acquired a new position in First Busey during the fourth quarter worth $3,732,000. 56.49% of the stock is currently owned by institutional investors and hedge funds.

First Busey Stock Performance

First Busey stock opened at $27.08 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a fifty day moving average price of $25.92 and a two-hundred day moving average price of $25.07. First Busey Corporation has a 52-week low of $21.41 and a 52-week high of $27.65. The firm has a market capitalization of $2.29 billion, a P/E ratio of 12.04 and a beta of 0.72.

First Busey (NASDAQ:BUSE – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The bank reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.10. First Busey had a return on equity of 10.19% and a net margin of 19.16%.The firm had revenue of $197.17 million during the quarter, compared to analyst estimates of $197.15 million. As a group, analysts anticipate that First Busey Corporation will post 2.57 EPS for the current fiscal year.

First Busey Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 24th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, April 24th. First Busey’s dividend payout ratio is presently 46.22%.

Wall Street Analysts Forecast Growth

BUSE has been the subject of several recent analyst reports. Piper Sandler increased their price objective on First Busey from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. DA Davidson reiterated a “neutral” rating and set a $27.00 price objective on shares of First Busey in a research note on Thursday, January 29th. Weiss Ratings upgraded First Busey from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Finally, Stephens increased their price objective on First Busey from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.50.

Get Our Latest Stock Analysis on First Busey

Insider Activity at First Busey

In other First Busey news, CAO Scott A. Phillips bought 5,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were bought at an average price of $25.90 per share, for a total transaction of $129,500.00. Following the completion of the acquisition, the chief accounting officer owned 8,350 shares of the company’s stock, valued at approximately $216,265. This trade represents a 149.25% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 3.77% of the company’s stock.

First Busey Profile

(Free Report)

First Busey (NASDAQ: BUSE) is a bank holding company headquartered in Champaign, Illinois, with roots tracing back to the founding of Busey Bank in 1868. As a regional financial institution, it offers a broad spectrum of banking services to individuals, small businesses, and corporations. Its core activities include commercial lending, deposit-taking, and cash management, which are tailored to meet the needs of local communities across its operating footprint.

In addition to traditional banking operations, First Busey provides wealth management and trust services through its subsidiary aimed at high-net-worth clients and fiduciary accounts.