Cozad Asset Management Inc. Sells 110,761 Shares of First Busey Corporation $BUSE

Posted by on Aug 2nd, 2026

Cozad Asset Management Inc. reduced its position in First Busey Corporation (NASDAQ:BUSE – Free Report) by 44.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 137,179 shares of the bank’s stock after selling 110,761 shares during the period. Cozad Asset Management Inc.’s holdings in First Busey were worth $3,467,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BUSE. Parkside Financial Bank & Trust purchased a new stake in shares of First Busey during the 4th quarter worth approximately $28,000. Litman Gregory Wealth Management LLC purchased a new position in shares of First Busey in the fourth quarter valued at $30,000. Allworth Financial LP grew its holdings 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. Torren Management LLC bought a new stake in First Busey in the fourth quarter worth $40,000. Finally, Geneos Wealth Management Inc. increased its position in First Busey by 726.1% in the first quarter. Geneos Wealth Management Inc. now owns 2,280 shares of the bank’s stock worth $49,000 after purchasing an additional 2,004 shares during the last quarter. Hedge funds and other institutional investors own 56.49% of the company’s stock.

Insider Activity

In other First Busey news, CAO Scott A. Phillips acquired 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was bought at an average price of $25.90 per share, for a total transaction of $129,500.00. Following the acquisition, the chief accounting officer directly owned 8,350 shares in the company, valued at $216,265. The trade was a 149.25% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.77% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. DA Davidson upped their price target on shares of First Busey from $30.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday. Piper Sandler lifted their price objective on shares of First Busey from $32.00 to $35.00 and gave the stock an “overweight” rating in a research note on Thursday. Stephens boosted their target price on shares of First Busey from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Weiss Ratings upgraded shares of First Busey from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Finally, Zacks Research raised shares of First Busey from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, First Busey currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.00.

Read Our Latest Research Report on First Busey

First Busey Stock Performance

First Busey stock opened at $30.86 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 firm has a market capitalization of $2.61 billion, a P/E ratio of 12.75 and a beta of 0.72. First Busey Corporation has a 1-year low of $21.63 and a 1-year high of $31.43. The company’s 50-day moving average is $28.90 and its 200 day moving average is $26.84.

First Busey (NASDAQ:BUSE – Get Free Report) last announced its earnings results on Tuesday, July 28th. The bank reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.06. First Busey had a return on equity of 10.42% and a net margin of 21.00%.The business had revenue of $194.27 million during the quarter, compared to analyst estimates of $197.59 million. Research analysts forecast that First Busey Corporation will post 2.67 EPS for the current year.

First Busey Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 24th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Friday, July 24th. First Busey’s dividend payout ratio (DPR) is currently 42.98%.

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.

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Institutional Ownership by Quarter for First Busey (NASDAQ:BUSE)

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