Insider Buying: Primis Financial (NASDAQ:FRST) Director Purchases 1,711 Shares of Stock

Posted by Geri Gentry on Jun 4th, 2026

Primis Financial Corp. (NASDAQ:FRST – Get Free Report) Director Scott Gamble purchased 1,711 shares of Primis Financial stock in a transaction on Wednesday, June 3rd. The stock was bought at an average price of $14.59 per share, for a total transaction of $24,963.49. Following the transaction, the director directly owned 3,100 shares in the company, valued at approximately $45,229. The trade was a 123.18% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Primis Financial Trading Up 2.7%

Shares of Primis Financial stock traded up $0.39 on Thursday, hitting $14.77. 63,821 shares of the company’s stock traded hands, compared to its average volume of 161,566. Primis Financial Corp. has a one year low of $9.34 and a one year high of $15.10. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.02 and a quick ratio of 0.96. The company has a fifty day moving average of $14.04 and a two-hundred day moving average of $13.36. The company has a market capitalization of $365.85 million, a price-to-earnings ratio of 6.96 and a beta of 0.75.

Primis Financial (NASDAQ:FRST – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The company had revenue of $45.63 million during the quarter, compared to the consensus estimate of $43.87 million. Primis Financial had a return on equity of 4.98% and a net margin of 19.71%. As a group, sell-side analysts expect that Primis Financial Corp. will post 1.65 earnings per share for the current year.

Primis Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, May 8th. Primis Financial’s dividend payout ratio (DPR) is presently 18.87%.

Institutional Trading of Primis Financial

A number of hedge funds have recently made changes to their positions in FRST. Patriot Financial Partners GP II L.P. bought a new stake in shares of Primis Financial in the 3rd quarter worth approximately $12,796,000. North Reef Capital Management LP purchased a new position in Primis Financial in the 3rd quarter worth approximately $10,246,000. Alliancebernstein L.P. raised its holdings in Primis Financial by 44.5% in the 3rd quarter. Alliancebernstein L.P. now owns 1,091,037 shares of the company’s stock worth $11,467,000 after acquiring an additional 336,149 shares during the last quarter. Fourthstone LLC raised its holdings in Primis Financial by 31.9% in the 4th quarter. Fourthstone LLC now owns 932,437 shares of the company’s stock worth $12,970,000 after acquiring an additional 225,504 shares during the last quarter. Finally, Mendon Capital Advisors Corp raised its holdings in Primis Financial by 16.6% in the 2nd quarter. Mendon Capital Advisors Corp now owns 1,301,933 shares of the company’s stock worth $14,126,000 after acquiring an additional 185,083 shares during the last quarter. 74.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on FRST shares. Wall Street Zen downgraded Primis Financial from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Keefe, Bruyette & Woods began coverage on Primis Financial in a report on Monday, April 20th. They set an “outperform” rating and a $17.00 price objective for the company. Finally, Weiss Ratings raised Primis Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Primis Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

Read Our Latest Stock Analysis on FRST

About Primis Financial

(Get Free Report)

Primis Financial Corporation is a bank holding company headquartered in Waycross, Georgia, operating through its wholly owned subsidiary, Primis Bank. The company offers a full suite of commercial and retail banking services tailored to meet the needs of individuals, small businesses, and agricultural clients across its service area. Primis Bank focuses on building relationships within the communities it serves, positioning itself as a local financial partner for deposit-taking, lending, and treasury management solutions.

Primis Bank maintains a network of branch offices throughout southeastern Georgia, serving a combination of rural and suburban markets.