Insider Buying: First Community Bancshares Director Samuel L. Elmore Buys 1,000 Shares of Stock (FCBC)
First Community Bancshares (NASDAQ:FCBC) Director Samuel L. Elmore acquired 1,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average price of $15.42 per share, with a total value of $15,420.00. Following the transaction, the director now directly owns 2,706 shares of the company’s stock, valued at approximately $41,727. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of First Community Bancshares from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 31st. They now have a $17.50 price target on the stock.
First Community Bancshares (NASDAQ:FCBC) traded up 1.82% during mid-day trading on Tuesday, hitting $16.22. 44,563 shares of the company’s stock traded hands. First Community Bancshares has a one year low of $13.31 and a one year high of $17.80. The stock’s 50-day moving average is $14.48 and its 200-day moving average is $15.1. The company has a market cap of $298.5 million and a price-to-earnings ratio of 13.63.
First Community Bancshares (NASDAQ:FCBC) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.06. On average, analysts predict that First Community Bancshares will post $1.38 earnings per share for the current fiscal year.
First Community Bancshares, Inc is a financial holding company. The Company serves as the holding company for First Community Bank (NASDAQ:FCBC).
Receive News & Ratings for First Community Bancshares Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Community Bancshares Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.