Todd Anthony Nigro Buys 5,000 Shares of GBank Financial (NASDAQ:GBFH) Stock

Posted by Brian Himes on Aug 7th, 2026

GBank Financial Holdings Inc. (NASDAQ:GBFH – Get Free Report) insider Todd Anthony Nigro acquired 5,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average cost of $21.07 per share, for a total transaction of $105,350.00. Following the completion of the transaction, the insider directly owned 286,494 shares of the company’s stock, valued at $6,036,428.58. This represents a 1.78% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

GBank Financial Stock Up 2.3%

GBank Financial stock opened at $20.85 on Friday. The firm has a market cap of $301.70 million, a PE ratio of 16.29 and a beta of 0.05. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.96 and a current ratio of 1.02. The firm’s 50 day moving average price is $29.36 and its two-hundred day moving average price is $29.58. GBank Financial Holdings Inc. has a twelve month low of $19.63 and a twelve month high of $42.23.

GBank Financial (NASDAQ:GBFH – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The company had revenue of $21.95 million for the quarter, compared to analyst estimates of $21.80 million. GBank Financial had a net margin of 15.44% and a return on equity of 14.62%. On average, research analysts predict that GBank Financial Holdings Inc. will post 1.59 EPS for the current fiscal year.

Key GBank Financial News

Here are the key news stories impacting GBank Financial this week:

Positive Sentiment: Multiple insiders made substantial open-market purchases around $21–$22 per share. CEO Jeffrey K. Newgard reported two purchases totaling 32,263 shares and approximately $699,000, while Director Timothy P. Herbst bought 10,000 shares for $215,000. These transactions may signal that company leaders view the recent weakness as an attractive entry point. SEC filings
Positive Sentiment: CEO Edward Michael Nigro purchased 9,200 shares for approximately $197,892, and insider Todd Anthony Nigro bought 5,000 shares for $105,350. The broad-based buying by executives and directors can reinforce investor confidence in the bank’s long-term prospects. Insider buying report
Neutral Sentiment: GBFH’s shares remain well below recent analyst price targets, including a $35 target from JonesTrading and Raymond James. However, analyst opinions are mixed, ranging from buy and outperform ratings to a strong sell, limiting the reliability of the target-price upside.
Negative Sentiment: An analysis highlighted deteriorating loans, raising concerns about credit quality, potential higher provisions and pressure on future profitability. This is particularly relevant after GBFH reported quarterly EPS of $0.38, below the $0.48 consensus estimate, despite revenue modestly exceeding expectations. Analysis of deteriorating loans

Hedge Funds Weigh In On GBank Financial

A number of institutional investors have recently modified their holdings of the company. Kennedy Capital Management LLC boosted its holdings in shares of GBank Financial by 37.0% during the 4th quarter. Kennedy Capital Management LLC now owns 126,509 shares of the company’s stock worth $4,287,000 after buying an additional 34,158 shares during the period. T3 Companies LLC bought a new position in GBank Financial in the 4th quarter worth $888,000. Bank of New York Mellon Corp acquired a new position in GBank Financial during the 2nd quarter worth $703,000. JCSD Capital LLC lifted its position in GBank Financial by 54.2% during the 4th quarter. JCSD Capital LLC now owns 62,939 shares of the company’s stock worth $2,133,000 after acquiring an additional 22,131 shares during the last quarter. Finally, Militia Capital Partners LP acquired a new position in GBank Financial during the 2nd quarter worth $776,000.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Raymond James Financial started coverage on GBank Financial in a research note on Friday, May 29th. They issued an “outperform” rating and a $35.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of GBank Financial in a report on Friday, July 24th. Wall Street Zen raised GBank Financial from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 27th. JonesTrading cut their price objective on shares of GBank Financial from $50.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Zacks Research lowered GBank Financial from a “hold” rating to a “strong sell” rating in a report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $37.33.

Check Out Our Latest Research Report on GBank Financial

About GBank Financial

(Get Free Report)

GBank Financial Holdings Inc operates as a bank holding company for GBank which provides banking services to commercial and consumer customers principally in Nevada. The company offers business and personal checking and savings accounts. GBank Financial Holdings Inc is based in Las Vegas, Nevada.