Simmons First National Corporation (NASDAQ:SFNC) Director Eugene Hunt sold 1,200 shares of Simmons First National Corporation stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $51.62, for a total value of $61,944.00. Following the completion of the sale, the director now owns 4,030 shares of the company’s stock, valued at approximately $208,028.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Simmons First National Corporation (SFNC) traded down 1.32% during trading on Tuesday, hitting $52.15. The stock had a trading volume of 84,069 shares. Simmons First National Corporation has a 12-month low of $45.90 and a 12-month high of $67.00. The company has a market cap of $1.68 billion, a P/E ratio of 17.22 and a beta of 1.12. The company has a 50 day moving average of $53.09 and a 200-day moving average of $54.60.

Simmons First National Corporation (NASDAQ:SFNC) last released its quarterly earnings results on Wednesday, July 19th. The bank reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.04. The company had revenue of $112.56 million during the quarter, compared to the consensus estimate of $110 million. Simmons First National Corporation had a return on equity of 8.71% and a net margin of 21.03%. On average, equities analysts predict that Simmons First National Corporation will post $3.16 EPS for the current year.

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SFNC has been the subject of several recent analyst reports. ValuEngine cut Simmons First National Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded Simmons First National Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 21st. Sandler O’Neill upgraded Simmons First National Corporation from a “hold” rating to a “buy” rating and set a $62.00 price target for the company in a report on Friday, April 21st. BidaskClub upgraded Simmons First National Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 21st. Finally, Stephens upgraded Simmons First National Corporation from an “equal weight” rating to a “buy” rating and lifted their price target for the company from $60.00 to $64.00 in a report on Friday, July 21st. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $61.75.

Several hedge funds have recently added to or reduced their stakes in SFNC. Patten & Patten Inc. TN bought a new stake in Simmons First National Corporation during the first quarter valued at about $478,000. Swiss National Bank increased its stake in Simmons First National Corporation by 3.3% in the first quarter. Swiss National Bank now owns 46,490 shares of the bank’s stock valued at $2,564,000 after buying an additional 1,500 shares during the period. Vanguard Group Inc. increased its stake in Simmons First National Corporation by 5.8% in the first quarter. Vanguard Group Inc. now owns 2,511,310 shares of the bank’s stock valued at $138,499,000 after buying an additional 138,399 shares during the period. Geode Capital Management LLC increased its stake in Simmons First National Corporation by 8.9% in the first quarter. Geode Capital Management LLC now owns 255,312 shares of the bank’s stock valued at $14,080,000 after buying an additional 20,906 shares during the period. Finally, Bank of The Ozarks increased its stake in Simmons First National Corporation by 51.4% in the first quarter. Bank of The Ozarks now owns 11,778 shares of the bank’s stock valued at $650,000 after buying an additional 4,000 shares during the period. Institutional investors own 52.08% of the company’s stock.

About Simmons First National Corporation

Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri and Tennessee.

Insider Buying and Selling by Quarter for Simmons First National Corporation (NASDAQ:SFNC)

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