SG Americas Securities LLC Buys 133,170 Shares of Seacoast Banking Corporation of Florida $SBCF

Posted by Geri Gentry on Jun 30th, 2026

SG Americas Securities LLC boosted its stake in shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Free Report) by 528.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 158,376 shares of the financial services provider’s stock after purchasing an additional 133,170 shares during the quarter. SG Americas Securities LLC’s holdings in Seacoast Banking Corporation of Florida were worth $4,797,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd bought a new stake in shares of Seacoast Banking Corporation of Florida in the 4th quarter worth about $26,000. Salomon & Ludwin LLC boosted its position in 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 buying an additional 356 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Seacoast Banking Corporation of Florida in the third quarter valued at about $33,000. Advisory Services Network LLC bought a new stake in Seacoast Banking Corporation of Florida during the third quarter worth about $45,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Seacoast Banking Corporation of Florida during the fourth quarter worth approximately $50,000. Institutional investors and hedge funds own 81.77% of the company’s stock.

Insider Activity

In related news, CEO Charles M. Shaffer sold 10,367 shares of Seacoast Banking Corporation of Florida stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $30.88, for a total value of $320,132.96. Following the completion of the sale, the chief executive officer directly owned 174,113 shares in the company, valued at $5,376,609.44. This trade represents a 5.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dennis S. Hudson III sold 8,000 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $31.41, for a total value of $251,280.00. Following the sale, the director directly owned 220,854 shares of the company’s stock, valued at $6,937,024.14. This represents a 3.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,919 shares of company stock valued at $806,733 over the last 90 days. 1.50% of the stock is owned by company insiders.

Analyst Ratings Changes

SBCF has been the topic of several recent analyst reports. Weiss Ratings downgraded Seacoast Banking Corporation of Florida from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Wall Street Zen raised Seacoast Banking Corporation of Florida from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Finally, Piper Sandler raised their target price on Seacoast Banking Corporation of Florida from $32.50 to $34.00 and gave the company a “neutral” rating in a research note on Monday, June 22nd. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $35.00.

Read Our Latest Stock Analysis on SBCF

Seacoast Banking Corporation of Florida Price Performance

SBCF opened at $33.10 on Tuesday. Seacoast Banking Corporation of Florida has a one year low of $27.13 and a one year high of $35.55. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.78 and a quick ratio of 0.78. The company’s 50 day simple moving average is $31.03 and its 200-day simple moving average is $31.77. The stock has a market capitalization of $3.22 billion, a P/E ratio of 21.78 and a beta of 0.86.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $0.62 earnings per share for the quarter, beating 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 business had revenue of $205.10 million during the quarter, compared to analyst estimates of $205.51 million. During the same quarter last year, the business posted $0.38 earnings per share. Seacoast Banking Corporation of Florida’s revenue for the quarter was up 45.8% compared to the same quarter last year. Sell-side analysts anticipate that Seacoast Banking Corporation of Florida will post 2.51 earnings per share for the current fiscal year.

Seacoast Banking Corporation of Florida Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.19 per share. The ex-dividend date is Monday, June 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.3%. Seacoast Banking Corporation of Florida’s payout ratio is presently 50.00%.

Seacoast Banking Corporation of Florida Company Profile

(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.