Ameris Bancorp (NYSE:ABCB) Shares Purchased Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Ameris Bancorp (NYSE:ABCB). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ameris Bancorp stock on July 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
  • Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
  • Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
  • Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
  • Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
  • Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Ameris Bancorp Stock Down 1.1%

ABCB traded down $0.98 during midday trading on Tuesday, reaching $85.06. The company’s stock had a trading volume of 324,577 shares, compared to its average volume of 503,193. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $5.71 billion, a price-to-earnings ratio of 15.38 and a beta of 0.91. The stock’s 50-day moving average is $88.28 and its 200-day moving average is $84.57. Ameris Bancorp has a 1 year low of $68.80 and a 1 year high of $93.22.

Ameris Bancorp (NYSE:ABCBGet Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The bank reported $1.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.66 by ($0.06). Ameris Bancorp had a net margin of 21.98% and a return on equity of 10.62%. The company had revenue of $317.78 million for the quarter, compared to analysts’ expectations of $323.78 million. During the same quarter in the previous year, the firm posted $1.59 EPS. As a group, research analysts expect that Ameris Bancorp will post 6.58 EPS for the current year.

Ameris Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Tuesday, June 30th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 0.9%. Ameris Bancorp’s payout ratio is presently 14.47%.

Analysts Set New Price Targets

ABCB has been the topic of a number of analyst reports. Morgan Stanley upgraded shares of Ameris Bancorp to an “overweight” rating in a research note on Wednesday, June 24th. Piper Sandler reduced their price objective on shares of Ameris Bancorp from $96.00 to $92.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Stephens set a $88.00 target price on shares of Ameris Bancorp in a report on Monday, July 27th. Weiss Ratings initiated coverage on shares of Ameris Bancorp in a research note on Wednesday, September 2nd. They issued a “buy (b)” rating on the stock. Finally, Truist Financial cut their price target on shares of Ameris Bancorp from $92.00 to $90.00 and set a “hold” rating on the stock in a report on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $91.67.

Get Our Latest Stock Analysis on ABCB

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada lifted its stake in Ameris Bancorp by 9.5% during the 1st quarter. Royal Bank of Canada now owns 29,288 shares of the bank’s stock valued at $1,687,000 after acquiring an additional 2,546 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Ameris Bancorp by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,181 shares of the bank’s stock worth $2,256,000 after acquiring an additional 1,703 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Ameris Bancorp by 36.7% during the first quarter. NewEdge Advisors LLC now owns 11,651 shares of the bank’s stock valued at $671,000 after purchasing an additional 3,129 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Ameris Bancorp during the first quarter valued at approximately $243,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Ameris Bancorp by 7.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 187,024 shares of the bank’s stock valued at $10,767,000 after purchasing an additional 13,633 shares during the period. 91.60% of the stock is owned by institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Ameris Bancorp

(Get Free Report)

Ameris Bancorp is a bank holding company headquartered in Atlanta, Georgia. Through its principal subsidiary, Ameris Bank, the company offers a broad range of commercial and retail banking services to individuals, small businesses, middle market companies and agricultural customers. Its core business lines encompass deposit services, lending solutions, treasury management, mortgage origination and servicing, insurance products and wealth management.

Ameris Bancorp operates a network of branches and loan production offices across the southeastern United States, including Georgia, Alabama, Florida, North Carolina, South Carolina and Tennessee.

Further Reading

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