Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Director Dennis Hudson III Sells 8,000 Shares

Posted by Stanley Muller on Jun 18th, 2026

Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) Director Dennis Hudson III sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $31.41, for a total value of $251,280.00. Following the transaction, the director directly owned 220,854 shares of the company’s stock, valued at approximately $6,937,024.14. The trade was a 3.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Seacoast Banking Corporation of Florida Price Performance

Seacoast Banking Corporation of Florida stock opened at $30.60 on Thursday. The stock has a market capitalization of $2.98 billion, a P/E ratio of 20.13 and a beta of 0.86. The company’s fifty day moving average price is $31.06 and its 200 day moving average price is $31.79. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.78 and a current ratio of 0.78. Seacoast Banking Corporation of Florida has a 1 year low of $24.46 and a 1 year high of $35.55.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.04. Seacoast Banking Corporation of Florida had a net margin of 14.42% and a return on equity of 8.23%. The company had revenue of $205.10 million during the quarter, compared to analysts’ expectations of $205.51 million. During the same period in the prior year, the business posted $0.38 earnings per share. The firm’s revenue for the quarter was up 45.8% on a year-over-year basis. As a group, equities research analysts anticipate that Seacoast Banking Corporation of Florida will post 2.49 earnings per share for the current fiscal year.

Seacoast Banking Corporation of Florida Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.76 dividend on an annualized basis and a yield of 2.5%. Seacoast Banking Corporation of Florida’s dividend payout ratio (DPR) is currently 50.00%.

Hedge Funds Weigh In On Seacoast Banking Corporation of Florida

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd acquired a new stake in Seacoast Banking Corporation of Florida in the 4th quarter valued at about $26,000. Jones Financial Companies Lllp boosted its holdings in shares of Seacoast Banking Corporation of Florida by 69.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 857 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 352 shares during the last quarter. Salomon & Ludwin LLC grew its position in shares of Seacoast Banking Corporation of Florida by 59.3% in the fourth quarter. Salomon & Ludwin LLC now owns 956 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 356 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Seacoast Banking Corporation of Florida in the third quarter valued at approximately $33,000. Finally, Advisory Services Network LLC purchased a new position in Seacoast Banking Corporation of Florida during the third quarter worth approximately $45,000. 81.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Piper Sandler cut their price objective on Seacoast Banking Corporation of Florida from $33.50 to $32.50 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Wall Street Zen upgraded Seacoast Banking Corporation of Florida from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Weiss Ratings cut Seacoast Banking Corporation of Florida from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $34.50.

Check Out Our Latest Research Report on SBCF

About Seacoast Banking Corporation of Florida

(Get Free Report)

Seacoast Banking Corporation of Florida operates as a bank holding company through its principal subsidiary, Seacoast National Bank. Headquartered in Stuart, Florida, Seacoast National Bank provides a full range of commercial and retail banking services across the coastal region of Florida. Its network of branches serves customers from Martin County through Miami-Dade County, offering deposit accounts, lending solutions, cash management and payment services to individuals, small businesses and middle-market companies.

In addition to traditional banking, Seacoast offers specialized mortgage lending and wealth management services.