First Carolina Financial Services (NYSE:FCBM) Stock Rating Upgraded by Wall Street Zen

First Carolina Financial Services (NYSE:FCBM) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a report issued on Saturday.

First Carolina Financial Services Trading Down 0.8%

NYSE FCBM opened at $12.90 on Friday. First Carolina Financial Services has a one year low of $12.51 and a one year high of $13.25.

Insider Transactions at First Carolina Financial Services

In related news, Director John Jethro Ferebee, Jr. bought 7,100 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was bought at an average cost of $12.51 per share, for a total transaction of $88,821.00. Following the completion of the purchase, the director directly owned 7,100 shares in the company, valued at approximately $88,821. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles Austin Robbins, Jr. bought 14,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was bought at an average price of $12.50 per share, with a total value of $175,000.00. Following the completion of the purchase, the director owned 369,492 shares of the company’s stock, valued at $4,618,650. This trade represents a 3.94% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 116,655 shares of company stock valued at $1,458,258 over the last ninety days.