Five Star Bancorp (NASDAQ:FSBC) COO Lydia Ann Ramirez-Medina Sells 500 Shares of Stock

Five Star Bancorp (NASDAQ:FSBC) COO Lydia Ann Ramirez-Medina sold 500 shares of Five Star Bancorp stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $28.62, for a total value of $14,310.00. Following the completion of the transaction, the chief operating officer now owns 9,756 shares in the company, valued at approximately $279,216.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Lydia Ann Ramirez-Medina also recently made the following trade(s):

• On Monday, July 29th, Lydia Ann Ramirez-Medina sold 500 shares of Five Star Bancorp stock. The stock was sold at an average price of $29.52, for a total value of $14,760.00.

Five Star Bancorp Stock Down 1.0 %

Shares of Five Star Bancorp stock opened at $28.11 on Friday. The company has a market cap of $599.31 million, a PE ratio of 10.69 and a beta of 0.42. The business has a 50 day moving average of $27.39 and a 200 day moving average of $24.33. Five Star Bancorp has a 52 week low of $18.50 and a 52 week high of $30.56.

Five Star Bancorp (NASDAQ:FSBC) last posted its earnings results on Wednesday, July 24th. The company reported $0.51 EPS for the quarter. Five Star Bancorp had a net margin of 22.24% and a return on equity of 14.03%. The firm had revenue of $30.67 million during the quarter. On average, research analysts anticipate that Five Star Bancorp will post 2.16 earnings per share for the current year.

Five Star Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 12th. Stockholders of record on Monday, August 5th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Monday, August 5th. Five Star Bancorp’s dividend payout ratio is currently 30.42%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on FSBC shares. Stephens increased their price objective on Five Star Bancorp from $29.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Keefe, Bruyette & Woods raised their price target on shares of Five Star Bancorp from $27.00 to $31.00 and gave the stock a “market perform” rating in a report on Friday, July 26th. Finally, DA Davidson upped their price objective on shares of Five Star Bancorp from $27.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, July 26th.

Institutional Investors Weigh In On Five Star Bancorp

Hedge funds have recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC lifted its position in Five Star Bancorp by 17.5% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 218,219 shares of the company’s stock valued at $5,713,000 after buying an additional 32,487 shares during the period. Cox Capital Mgt LLC boosted its stake in Five Star Bancorp by 2.8% during the first quarter. Cox Capital Mgt LLC now owns 79,429 shares of the company’s stock worth $1,787,000 after acquiring an additional 2,150 shares in the last quarter. Swiss National Bank grew its holdings in Five Star Bancorp by 8.3% in the first quarter. Swiss National Bank now owns 22,096 shares of the company’s stock worth $497,000 after purchasing an additional 1,700 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Five Star Bancorp by 31.9% during the first quarter. Vanguard Group Inc. now owns 713,950 shares of the company’s stock valued at $16,064,000 after purchasing an additional 172,507 shares during the last quarter. Finally, Stieven Capital Advisors L.P. bought a new stake in shares of Five Star Bancorp in the 1st quarter worth approximately $3,150,000. 46.94% of the stock is currently owned by institutional investors.

Five Star Bancorp Company Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.