Dennis Hudson III Sells 4,000 Shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Stock

Posted by Brenda Bartman on Jul 4th, 2026

Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) Director Dennis Hudson III sold 4,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $34.00, for a total transaction of $136,000.00. Following the completion of the transaction, the director owned 216,854 shares of the company’s stock, valued at approximately $7,373,036. This trade represents a 1.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Seacoast Banking Corporation of Florida Stock Performance

SBCF opened at $33.28 on Friday. The business’s 50 day moving average is $31.11 and its 200-day moving average is $31.80. The stock has a market cap of $3.24 billion, a PE ratio of 21.89 and a beta of 0.85. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.33. Seacoast Banking Corporation of Florida has a twelve month low of $27.22 and a twelve month high of $35.55.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $0.62 EPS for the quarter, beating the consensus estimate of $0.58 by $0.04. The firm had revenue of $205.10 million for the quarter, compared to analysts’ expectations of $205.51 million. Seacoast Banking Corporation of Florida had a return on equity of 8.23% and a net margin of 14.42%.The firm’s revenue was up 45.8% compared to the same quarter last year. During the same period last year, the firm earned $0.38 EPS. On average, analysts predict that Seacoast Banking Corporation of Florida will post 2.51 earnings per share for the current year.

Seacoast Banking Corporation of Florida Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, June 15th. Seacoast Banking Corporation of Florida’s payout ratio is currently 50.00%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Seacoast Banking Corporation of Florida from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Piper Sandler upped their price target on shares of Seacoast Banking Corporation of Florida from $32.50 to $34.00 and gave the stock a “neutral” rating in a research note on Monday, June 22nd. Finally, Wall Street Zen upgraded shares of Seacoast Banking Corporation of Florida from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Check Out Our Latest Stock Analysis on SBCF

Institutional Trading of Seacoast Banking Corporation of Florida

A number of hedge funds and other institutional investors have recently made changes to their positions in SBCF. Vanguard Group Inc. boosted its holdings in Seacoast Banking Corporation of Florida by 11.1% during the fourth quarter. Vanguard Group Inc. now owns 7,088,869 shares of the financial services provider’s stock worth $222,732,000 after buying an additional 705,554 shares in the last quarter. North Reef Capital Management LP increased its holdings in shares of Seacoast Banking Corporation of Florida by 16.8% in the fourth quarter. North Reef Capital Management LP now owns 5,832,075 shares of the financial services provider’s stock valued at $183,244,000 after buying an additional 837,075 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Seacoast Banking Corporation of Florida by 58.6% during the 3rd quarter. Wellington Management Group LLP now owns 5,482,250 shares of the financial services provider’s stock valued at $166,825,000 after acquiring an additional 2,025,988 shares during the last quarter. State Street Corp lifted its position in shares of Seacoast Banking Corporation of Florida by 1.4% during the 4th quarter. State Street Corp now owns 4,610,754 shares of the financial services provider’s stock valued at $144,870,000 after acquiring an additional 64,986 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Seacoast Banking Corporation of Florida by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,150,592 shares of the financial services provider’s stock worth $95,427,000 after acquiring an additional 123,273 shares in the last quarter. 81.77% of the stock is currently owned by institutional investors.

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.