Rhett Jordan Sells 230 Shares of SmartFinancial (NASDAQ:SMBK) Stock

Posted by Geri Gentry on Sep 14th, 2026

SmartFinancial, Inc. (NASDAQ:SMBK – Get Free Report) EVP Rhett Jordan sold 230 shares of SmartFinancial stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $52.05, for a total transaction of $11,971.50. Following the completion of the sale, the executive vice president owned 11,142 shares of the company’s stock, valued at $579,941.10. This represents a 2.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

SmartFinancial Stock Performance

Shares of SMBK traded down $0.17 during mid-day trading on Monday, hitting $52.07. 86,921 shares of the company traded hands, compared to its average volume of 90,411. The stock has a market cap of $890.29 million, a price-to-earnings ratio of 24.33 and a beta of 0.68. The stock has a 50-day moving average price of $50.50 and a two-hundred day moving average price of $44.74. SmartFinancial, Inc. has a 1 year low of $33.01 and a 1 year high of $54.14. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.90 and a current ratio of 0.90.

SmartFinancial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, July 31st. SmartFinancial’s dividend payout ratio (DPR) is 10.62%.

Hedge Funds Weigh In On SmartFinancial

Institutional investors have recently bought and sold shares of the stock. Equitable Trust Co. lifted its position in shares of SmartFinancial by 2.2% during the 1st quarter. Equitable Trust Co. now owns 11,475 shares of the bank’s stock valued at $448,000 after buying an additional 250 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of SmartFinancial by 0.6% during the 1st quarter. First Trust Advisors LP now owns 46,590 shares of the bank’s stock valued at $1,821,000 after buying an additional 280 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in 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 buying an additional 316 shares in the last quarter. Inspire Investing LLC increased its stake in SmartFinancial by 3.1% in the 1st quarter. Inspire Investing LLC now owns 13,061 shares of the bank’s stock worth $510,000 after buying an additional 393 shares in the last quarter. Finally, Engineers Gate Manager LP raised its holdings in SmartFinancial by 17.7% during the second quarter. Engineers Gate Manager LP now owns 6,570 shares of the bank’s stock valued at $308,000 after acquiring an additional 990 shares during the period. 58.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SMBK has been the subject of a number of research reports. Benchmark upped their price objective on SmartFinancial from $56.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Keefe, Bruyette & Woods boosted their price target on SmartFinancial from $46.00 to $50.00 and gave the company a “market perform” rating in a research note on Thursday, July 23rd. Raymond James Financial reaffirmed a “strong-buy” rating and set a $58.00 price target on shares of SmartFinancial in a research report on Wednesday, July 22nd. Finally, Stephens increased their price objective on shares of SmartFinancial from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $50.42.

View Our Latest Research Report on SMBK

About SmartFinancial

(Get Free Report)

SmartFinancial, Inc is a bank holding company that operates through its wholly owned subsidiary, SmartBank. The company provides community banking services to individuals, businesses and institutions, with offerings that include deposit accounts, residential and commercial real estate lending, consumer loans, business loans and other credit products.

SmartBank also provides treasury management and cash-management services for businesses, along with mortgage banking, wealth management and related financial services.