First US Bancshares, Inc. (NASDAQ:FUSB) EVP Sells $37,753.80 in Stock

First US Bancshares, Inc. (NASDAQ:FUSB) EVP Eric H. Mabowitz sold 4,242 shares of the firm’s stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $8.90, for a total value of $37,753.80. Following the sale, the executive vice president now directly owns 11,952 shares in the company, valued at approximately $106,372.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

First US Bancshares Stock Up 0.2 %

FUSB stock traded up $0.02 during trading on Wednesday, reaching $9.20. 4,382 shares of the company traded hands, compared to its average volume of 5,139. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market capitalization of $53.27 million, a price-to-earnings ratio of 6.87 and a beta of 0.91. The business has a 50 day simple moving average of $10.04 and a 200 day simple moving average of $9.94. First US Bancshares, Inc. has a 12 month low of $7.95 and a 12 month high of $11.19.

First US Bancshares (NASDAQ:FUSB) last issued its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.34 earnings per share for the quarter. The business had revenue of $9.91 million during the quarter. First US Bancshares had a return on equity of 9.57% and a net margin of 14.55%.

First US Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Friday, June 7th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.17%. The ex-dividend date was Friday, June 7th. First US Bancshares’s dividend payout ratio is presently 14.93%.

Institutional Investors Weigh In On First US Bancshares

A hedge fund recently raised its stake in First US Bancshares stock. Gendell Jeffrey L grew its holdings in First US Bancshares, Inc. (NASDAQ:FUSB) by 14.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 332,957 shares of the financial services provider’s stock after acquiring an additional 40,976 shares during the quarter. Gendell Jeffrey L owned 5.75% of First US Bancshares worth $3,083,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 18.74% of the company’s stock.

About First US Bancshares

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.