James Austin Mcpherson Sells 8,500 Shares of FB Financial (NYSE:FBK) Stock

FB Financial Corporation (NYSE:FBK) major shareholder James Austin Mcpherson sold 8,500 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $60.06, for a total transaction of $510,510.00. Following the completion of the transaction, the insider owned 9,484 shares in the company, valued at approximately $569,609.04. This trade represents a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

FB Financial Stock Performance

Shares of FBK opened at $61.74 on Thursday. FB Financial Corporation has a 1 year low of $38.83 and a 1 year high of $62.37. The company’s 50 day simple moving average is $56.91 and its 200 day simple moving average is $54.07. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 28.85 and a beta of 0.98.

FB Financial (NYSE:FBK) last released its earnings results on Wednesday, January 21st. The financial services provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.14 by $0.02. The firm had revenue of $178.36 million during the quarter, compared to analysts’ expectations of $176.30 million. FB Financial had a net margin of 11.73% and a return on equity of 10.56%. During the same period in the previous year, the company earned $0.85 EPS. Equities analysts expect that FB Financial Corporation will post 3.64 EPS for the current fiscal year.

FB Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Stockholders of record on Tuesday, November 11th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, November 10th. FB Financial’s dividend payout ratio is presently 35.51%.

Trending Headlines about FB Financial

Here are the key news stories impacting FB Financial this week:

• Positive Sentiment: FBK reported adjusted Q4 EPS of $1.16, beating consensus and up meaningfully from $0.85 a year ago; revenue of $178.4M also topped estimates — a clear near-term earnings driver. Article Title
• Positive Sentiment: Company press release details: net income $57.0M (adjusted $61.5M) and adjusted EPS $1.16; management provided a slide deck and release that support the beat and give investors more transparency on the quarter. Article Title
• Positive Sentiment: Key profitability metrics were solid — return on equity (~10.6%) and a net margin (~11.7%) — supporting the earnings beat and valuation (PE in mid-teens), which can justify analyst upgrades. Press Release / Slides
• Positive Sentiment: Analysts have recently raised targets and maintained overweight/buy calls (consensus target around $60.80 prior to this print), which can amplify upside after a beat. MarketBeat Coverage
• Neutral Sentiment: Large institutional holdings and recent inflows (Vanguard, Wellington, Deprince Race & Zollo among others) indicate sizable institutional interest; this can support liquidity but also increase sensitivity to rebalancing. MarketBeat Coverage
• Neutral Sentiment: FBK pays a modest dividend (annualized ~$0.76, ~1.3% yield); dividend stability is a mild support for the share price but not a major catalyst. MarketBeat Coverage
• Negative Sentiment: A major shareholder, James Austin McPherson, sold 8,500 shares (~47% reduction in his reported direct holding), which some investors view as a cautionary signal even though insider sales can be for many non-fundamental reasons. SEC Filing

Analysts Set New Price Targets

Several brokerages have recently issued reports on FBK. Piper Sandler boosted their price objective on shares of FB Financial from $58.00 to $63.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Wall Street Zen raised FB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, November 16th. Cantor Fitzgerald restated an “overweight” rating and set a $66.00 price target (up from $61.00) on shares of FB Financial in a research note on Thursday, October 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of FB Financial in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $60.80.

Institutional Trading of FB Financial

Several large investors have recently bought and sold shares of FBK. Deprince Race & Zollo Inc. acquired a new position in shares of FB Financial during the third quarter worth $48,674,000. Wellington Management Group LLP purchased a new stake in FB Financial during the 3rd quarter worth $35,534,000. Vanguard Group Inc. lifted its holdings in FB Financial by 19.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,957,794 shares of the financial services provider’s stock worth $164,867,000 after buying an additional 483,191 shares in the last quarter. Leeward Investments LLC MA acquired a new position in FB Financial in the 3rd quarter worth $20,680,000. Finally, CapWealth Advisors LLC boosted its position in FB Financial by 3,756.7% in the 3rd quarter. CapWealth Advisors LLC now owns 331,752 shares of the financial services provider’s stock valued at $18,492,000 after buying an additional 323,150 shares during the last quarter. Institutional investors and hedge funds own 65.40% of the company’s stock.

FB Financial Company Profile

FB Financial Corporation, through its banking subsidiary FirstBank, is a Tennessee-based bank holding company that provides a broad range of financial services to individuals, small and medium-sized businesses, and commercial clients. Established to serve the banking needs of communities across the southeastern United States, the company’s core offerings include consumer and commercial deposit products, commercial lending, and mortgage services.

In addition to traditional checking and savings accounts, FB Financial’s service portfolio encompasses treasury and cash management, equipment financing, and letters of credit to support the working capital and expansion needs of business customers.