First Interstate BancSystem (NASDAQ:FIBK) Major Shareholder Sells $30,525.00 in Stock

Posted by Francis Steltz on Oct 29th, 2026

First Interstate BancSystem, Inc. (NASDAQ:FIBK – Get Free Report) major shareholder Jonathan Scott sold 825 shares of the company’s stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $37.00, for a total value of $30,525.00. Following the sale, the insider owned 811,913 shares of the company’s stock, valued at $30,040,781. This trade represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

First Interstate BancSystem Trading Down 0.7%

NASDAQ FIBK opened at $37.56 on Thursday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $36.46 and a 200 day simple moving average of $36.28. First Interstate BancSystem, Inc. has a 12 month low of $29.39 and a 12 month high of $40.60. The firm has a market capitalization of $3.58 billion, a P/E ratio of 11.70 and a beta of 0.73.

First Interstate BancSystem (NASDAQ:FIBK – Get Free Report) last posted its quarterly earnings data on Thursday, October 22nd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.03). First Interstate BancSystem had a return on equity of 9.49% and a net margin of 29.18%. The firm had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $247.93 million. On average, analysts predict that First Interstate BancSystem, Inc. will post 2.87 EPS for the current fiscal year.

First Interstate BancSystem Dividend Announcement

The company 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. This represents a $1.88 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, November 3rd. First Interstate BancSystem’s dividend payout ratio (DPR) is presently 58.57%.

Institutional Investors Weigh In On First Interstate BancSystem

Several large investors have recently made changes to their positions in the business. Root Financial Partners LLC purchased a new position in shares of First Interstate BancSystem in the 3rd quarter worth about $25,000. Vest Financial LLC grew its position in First Interstate BancSystem by 3.5% during the third quarter. Vest Financial LLC now owns 57,445 shares of the financial services provider’s stock valued at $2,053,000 after buying an additional 1,925 shares during the period. AdvisorNet Financial Inc grew its position in First Interstate BancSystem by 18.1% during the third quarter. AdvisorNet Financial Inc now owns 6,055 shares of the financial services provider’s stock valued at $208,000 after buying an additional 930 shares during the period. GAMMA Investing LLC increased its holdings in First Interstate BancSystem by 31.0% during the third quarter. GAMMA Investing LLC now owns 2,698 shares of the financial services provider’s stock worth $96,000 after buying an additional 639 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in First Interstate BancSystem during the second quarter worth about $26,000. 88.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on FIBK. Barclays upped their price objective on shares of First Interstate BancSystem from $37.00 to $38.00 and gave the stock an “underweight” rating in a research report on Monday, October 5th. Wells Fargo & Company reiterated an “underweight” rating and issued a $34.00 price objective (down from $36.00) on shares of First Interstate BancSystem in a research note on Monday, August 10th. Wall Street Zen cut shares of First Interstate BancSystem from a “hold” rating to a “sell” rating in a research report on Saturday, October 24th. DA Davidson restated a “neutral” rating and issued a $39.00 target price on shares of First Interstate BancSystem in a research note on Monday, July 27th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of First Interstate BancSystem in a research note on Monday, September 28th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $37.00.

View Our Latest Analysis on FIBK

First Interstate BancSystem Company Profile

(Get Free Report)

First Interstate BancSystem, Inc is a financial holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides community banking services to individuals, businesses, agricultural customers and governmental entities.

First Interstate Bank offers deposit accounts, consumer and commercial loans, mortgage lending, credit cards, cash-management and treasury-management services, online and mobile banking, and wealth-management and investment services.