First United (NASDAQ:FUNC) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Posted by Brian Himes on Sep 2nd, 2026

First United Corporation (NASDAQ:FUNC – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $40.09 and traded as high as $43.84. First United shares last traded at $42.90, with a volume of 10,054 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FUNC. Weiss Ratings reissued a “buy (b)” rating on shares of First United in a report on Friday, July 10th. Raymond James Financial raised their price target on First United from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Hovde Group reiterated an “outperform” rating and issued a $49.00 price objective on shares of First United in a research note on Thursday, July 23rd. Finally, Wall Street Zen downgraded First United from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, First United presently has a consensus rating of “Buy” and an average price target of $49.50.

View Our Latest Stock Analysis on FUNC

First United Stock Performance

The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average of $44.36 and a 200-day moving average of $40.12. The stock has a market cap of $285.64 million, a PE ratio of 11.47 and a beta of 0.51.

First United (NASDAQ:FUNC – Get Free Report) last posted its quarterly earnings data on Monday, July 20th. The bank reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.08. First United had a net margin of 20.05% and a return on equity of 13.69%. The firm had revenue of $65.27 million for the quarter, compared to analyst estimates of $23.55 million. On average, equities analysts forecast that First United Corporation will post 4.5 EPS for the current year.

First United Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Monday, July 20th were given a $0.26 dividend. The ex-dividend date was Monday, July 20th. This represents a $1.04 dividend on an annualized basis and a yield of 2.3%. First United’s dividend payout ratio (DPR) is presently 26.94%.

Insider Buying and Selling at First United

In other First United news, EVP Robert L. Fisher II sold 5,250 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $45.29, for a total transaction of $237,772.50. Following the transaction, the executive vice president owned 9,105 shares in the company, valued at approximately $412,365.45. The trade was a 36.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Keith Sanders sold 5,000 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $43.68, for a total value of $218,400.00. Following the transaction, the executive vice president directly owned 10,342 shares of the company’s stock, valued at approximately $451,738.56. This trade represents a 32.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have acquired 280 shares of company stock valued at $12,816 and have sold 11,250 shares valued at $500,752. 8.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On First United

Several institutional investors have recently made changes to their positions in FUNC. BlackRock Inc. purchased a new stake in shares of First United in the second quarter valued at about $20,125,000. De Lisle Partners LLP purchased a new position in shares of First United during the 2nd quarter worth approximately $7,277,000. Millennium Management LLC raised its position in shares of First United by 349.9% during the 1st quarter. Millennium Management LLC now owns 140,586 shares of the bank’s stock worth $4,220,000 after purchasing an additional 109,340 shares during the last quarter. Geode Capital Management LLC raised its position in shares of First United by 112.3% during the 2nd quarter. Geode Capital Management LLC now owns 139,939 shares of the bank’s stock worth $4,340,000 after purchasing an additional 74,032 shares during the last quarter. Finally, Pinnacle Holdings LLC purchased a new stake in First United in the 2nd quarter valued at approximately $2,599,000. 33.27% of the stock is currently owned by hedge funds and other institutional investors.

About First United

(Get Free Report)

First United Corporation is a bank holding company that, through its subsidiary First United Bank & Trust, provides a full suite of commercial and consumer banking services to individuals, businesses, and agricultural customers across central Oklahoma. The company offers deposit accounts such as checking, savings, money market and time deposits, alongside a variety of lending solutions covering commercial real estate, construction, agricultural and consumer loans.

In addition to traditional banking products, First United delivers treasury management and cash management solutions designed to streamline client operations, as well as online and mobile banking platforms for account access and payments.