Rhett Jordan Sells 400 Shares of SmartFinancial (NASDAQ:SMBK) Stock

Posted by Francis Steltz on Jun 14th, 2026

SmartFinancial, Inc. (NASDAQ:SMBK – Get Free Report) EVP Rhett Jordan sold 400 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $45.00, for a total transaction of $18,000.00. Following the transaction, the executive vice president owned 11,802 shares in the company, valued at $531,090. The trade was a 3.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

SmartFinancial Stock Performance

SMBK opened at $45.46 on Friday. The firm has a market capitalization of $777.34 million, a PE ratio of 21.24 and a beta of 0.72. SmartFinancial, Inc. has a twelve month low of $30.95 and a twelve month high of $45.63. The firm’s 50-day moving average price is $41.77 and its 200 day moving average price is $39.95. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.10.

SmartFinancial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were given a dividend of $0.09 per share. The ex-dividend date was Friday, May 15th. This is a boost from SmartFinancial’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. SmartFinancial’s dividend payout ratio (DPR) is presently 11.54%.

Hedge Funds Weigh In On SmartFinancial

Institutional investors have recently bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new position in SmartFinancial during the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its holdings in shares of SmartFinancial by 46.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,499 shares of the bank’s stock worth $51,000 after acquiring an additional 472 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of SmartFinancial by 173.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,895 shares of the bank’s stock worth $64,000 after acquiring an additional 1,202 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of SmartFinancial by 209.1% in the 4th quarter. State of Alaska Department of Revenue now owns 2,105 shares of the bank’s stock worth $77,000 after acquiring an additional 1,424 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of SmartFinancial by 13.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,708 shares of the bank’s stock worth $106,000 after acquiring an additional 316 shares during the last quarter. 58.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods boosted their price target on shares of SmartFinancial from $42.00 to $46.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Raymond James Financial restated a “strong-buy” rating and set a $50.00 price target on shares of SmartFinancial in a research report on Monday, April 20th. Finally, Zacks Research downgraded shares of SmartFinancial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $45.88.

Check Out Our Latest Stock Report on SmartFinancial

About SmartFinancial

(Get Free Report)

SmartFinancial, Inc is a bank holding company headquartered in Knoxville, Tennessee, operating through its primary subsidiary, SmartBank. Incorporated in 2006, the company provides a full suite of banking and financial services to individuals, small and middle-market businesses and public entities across its regional footprint. SmartFinancial’s network of branch offices and digital platforms combines community-banking relationships with modern technology to serve its customers’ evolving needs.

Through SmartBank, the company offers a broad range of deposit products, including checking, savings and certificate of deposit accounts, alongside consumer and commercial lending solutions.