First Interstate BancSystem (NASDAQ:FIBK) Major Shareholder Jonathan Scott Sells 10,000 Shares of Stock

Posted by Geri Gentry on Nov 11th, 2026

First Interstate BancSystem, Inc. (NASDAQ:FIBK – Get Free Report) major shareholder Jonathan Scott sold 10,000 shares of First Interstate BancSystem stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $38.53, for a total value of $385,300.00. Following the completion of the sale, the insider owned 797,738 shares of the company’s stock, valued at $30,736,845.14. This trade represents a 1.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

First Interstate BancSystem Trading Down 1.1%

NASDAQ FIBK opened at $38.00 on Wednesday. First Interstate BancSystem, Inc. has a 12 month low of $29.39 and a 12 month high of $40.60. The company has a 50-day moving average of $36.61 and a 200-day moving average of $36.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market cap of $3.52 billion, a P/E ratio of 11.97 and a beta of 0.73.

First Interstate BancSystem (NASDAQ:FIBK – Get Free Report) last released its earnings results on Thursday, October 22nd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.03). First Interstate BancSystem had a return on equity of 9.49% and a net margin of 23.30%. The company had revenue of $43.30 million during the quarter, compared to analyst estimates of $247.93 million. As a group, equities analysts predict that First Interstate BancSystem, Inc. will post 2.79 earnings per share for the current year.

First Interstate BancSystem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, November 3rd will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Tuesday, November 3rd. This represents a $1.88 annualized dividend and a yield of 4.9%. First Interstate BancSystem’s dividend payout ratio is 58.57%.

Institutional Trading of First Interstate BancSystem

A number of institutional investors have recently modified their holdings of the company. Root Financial Partners LLC purchased a new position in First Interstate BancSystem in the third quarter valued at approximately $25,000. Integrated Wealth Concepts LLC acquired a new position in First Interstate BancSystem during the second quarter valued at approximately $26,000. Eurizon Capital SGR S.p.A. acquired a new position in First Interstate BancSystem during the third quarter valued at approximately $28,000. Fulcrum Asset Management LLP grew its stake in First Interstate BancSystem by 294.3% during the third quarter. Fulcrum Asset Management LLP now owns 1,388 shares of the financial services provider’s stock worth $50,000 after buying an additional 1,036 shares during the period. Finally, Allworth Financial LP purchased a new stake in First Interstate BancSystem during the second quarter worth approximately $62,000. Hedge funds and other institutional investors own 88.71% of the company’s stock.

Analyst Upgrades and Downgrades

FIBK has been the topic of a number of research analyst reports. Stephens lifted their price target on shares of First Interstate BancSystem from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, October 29th. Weiss Ratings restated a “buy (b)” rating on shares of First Interstate BancSystem in a report on Monday, September 28th. Benchmark upgraded First Interstate BancSystem to a “hold” rating in a report on Wednesday, September 23rd. DA Davidson reaffirmed a “neutral” rating and issued a $39.00 target price on shares of First Interstate BancSystem in a research report on Monday, July 27th. Finally, Wall Street Zen cut First Interstate BancSystem from a “hold” rating to a “sell” rating in a report on Saturday, October 24th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $37.43.

Read Our Latest Stock Report on FIBK

About First Interstate BancSystem

(Get Free Report)

First Interstate BancSystem, Inc. is a financial holding company whose principal subsidiary is First Interstate Bank. The bank provides personal, business and agricultural banking services, including deposit accounts, loans, mortgage lending and treasury management. Its other offerings include wealth management, trust and investment services, and insurance. The company serves individuals, businesses and communities across a multistate footprint in the western and north-central United States. Established in Montana in 1968, First Interstate BancSystem has grown through the development of its banking operations and acquisitions.