Southern First Bancshares, Inc. (NASDAQ:SFST – Get Free Report) Director Leighton M. Cubbage sold 1,290 shares of Southern First Bancshares stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $31.02, for a total value of $40,015.80. Following the sale, the director now directly owns 60,562 shares of the company’s stock, valued at approximately $1,878,633.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Southern First Bancshares Trading Up 0.2 %
SFST stock opened at $31.12 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 0.87. Southern First Bancshares, Inc. has a 52-week low of $24.98 and a 52-week high of $39.36. The company’s 50-day simple moving average is $31.92 and its 200-day simple moving average is $29.83. The firm has a market cap of $253.94 million, a P/E ratio of 18.98 and a beta of 0.81.
Southern First Bancshares (NASDAQ:SFST – Get Free Report) last released its quarterly earnings results on Thursday, July 18th. The bank reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.08. The firm had revenue of $54.07 million during the quarter, compared to the consensus estimate of $22.13 million. Southern First Bancshares had a net margin of 6.67% and a return on equity of 4.41%. As a group, equities analysts forecast that Southern First Bancshares, Inc. will post 1.39 EPS for the current fiscal year.
Institutional Trading of Southern First Bancshares
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Southern First Bancshares from a “sell” rating to a “hold” rating in a report on Friday, July 19th.
View Our Latest Stock Analysis on SFST
About Southern First Bancshares
Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.
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