Southern First Bancshares, Inc. (NASDAQ:SFST – Get Free Report) Director Leighton Cubbage sold 765 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $60.60, for a total value of $46,359.00. Following the transaction, the director directly owned 50,715 shares of the company’s stock, valued at $3,073,329. This represents a 1.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Southern First Bancshares Price Performance
NASDAQ SFST opened at $60.68 on Friday. Southern First Bancshares, Inc. has a twelve month low of $34.80 and a twelve month high of $62.38. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market capitalization of $574.03 million, a PE ratio of 14.18 and a beta of 0.68. The stock has a 50-day simple moving average of $57.27 and a 200 day simple moving average of $55.47.
Southern First Bancshares (NASDAQ:SFST – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The bank reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.01). Southern First Bancshares had a return on equity of 9.65% and a net margin of 15.21%.The business had revenue of $32.30 million for the quarter, compared to analyst estimates of $33.10 million. Research analysts anticipate that Southern First Bancshares, Inc. will post 5.14 EPS for the current year.
Hedge Funds Weigh In On Southern First Bancshares
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Weiss Ratings upgraded Southern First Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Wall Street Zen lowered Southern First Bancshares from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $64.00.
Check Out Our Latest Report on Southern First Bancshares
About Southern First Bancshares
Southern First Bancshares is the bank holding company for Southern First Bank, a community-oriented financial institution headquartered in Greenville, South Carolina. Through its wholly owned subsidiary, the company delivers a full spectrum of commercial and consumer banking services designed to meet the needs of small and midsize businesses, professionals, and individual customers. Southern First Bancshares operates under a relationship-driven model, emphasizing personalized service and local decision–making.
The company’s core offerings include deposit products such as checking, savings, money market accounts and certificates of deposit, alongside an array of lending solutions covering commercial real estate, construction, equipment financing and small business administration (SBA) loans.
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