First Bancshares Inc (NASDAQ:FBMS) Chairman E Ricky Gibson bought 2,000 shares of the stock in a transaction that occurred on Tuesday, May 16th. The shares were bought at an average cost of $28.40 per share, with a total value of $56,800.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

E Ricky Gibson also recently made the following trade(s):

  • On Friday, March 17th, E Ricky Gibson acquired 149 shares of First Bancshares stock. The shares were acquired at an average cost of $28.00 per share, with a total value of $4,172.00.

First Bancshares Inc (NASDAQ:FBMS) traded down 0.18% during mid-day trading on Tuesday, hitting $28.45. The stock had a trading volume of 9,630 shares. First Bancshares Inc has a 12-month low of $16.00 and a 12-month high of $30.80. The company has a 50-day moving average of $28.31 and a 200-day moving average of $27.11. The firm has a market cap of $259.55 million, a PE ratio of 24.38 and a beta of -0.18.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 24th. Shareholders of record on Wednesday, May 3rd will be paid a $0.0375 dividend. The ex-dividend date is Monday, May 1st. This represents a $0.15 dividend on an annualized basis and a yield of 0.53%. First Bancshares’s payout ratio is currently 9.15%.

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Institutional investors have recently modified their holdings of the stock. Morgan Stanley bought a new position in shares of First Bancshares during the first quarter worth approximately $173,000. Dimensional Fund Advisors LP increased its position in shares of First Bancshares by 18.6% in the first quarter. Dimensional Fund Advisors LP now owns 24,483 shares of the bank’s stock worth $698,000 after buying an additional 3,832 shares during the last quarter. Geode Capital Management LLC bought a new position in shares of First Bancshares during the first quarter worth approximately $945,000. Pacific Ridge Capital Partners LLC increased its position in shares of First Bancshares by 19.9% in the first quarter. Pacific Ridge Capital Partners LLC now owns 98,168 shares of the bank’s stock worth $2,798,000 after buying an additional 16,310 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of First Bancshares by 145.8% in the first quarter. Vanguard Group Inc. now owns 213,193 shares of the bank’s stock worth $6,076,000 after buying an additional 126,470 shares during the last quarter. Institutional investors own 42.83% of the company’s stock.

FBMS has been the subject of several analyst reports. Zacks Investment Research raised First Bancshares from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a research report on Wednesday, April 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $31.00 price objective on shares of First Bancshares in a research report on Wednesday, April 5th.

About First Bancshares

The First Bancshares, Inc is a bank holding company for The First, A National Banking Association (the Bank). The Company and the Bank engage in a general commercial and retail banking business for small to medium-sized businesses, professional concerns and individuals. The Bank provides a range of banking services in its primary market area of South Mississippi, South Alabama and Louisiana.

5 Day Chart for NASDAQ:FBMS

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