Southern First Bancshares, Inc. (NASDAQ:SFST) Director Purchases $13,323.60 in Stock

Southern First Bancshares, Inc. (NASDAQ:SFST) Director Anna T. Locke acquired 360 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was purchased at an average cost of $37.01 per share, with a total value of $13,323.60. Following the purchase, the director now owns 2,582 shares of the company’s stock, valued at $95,559.82. The trade was a 16.20 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Southern First Bancshares Trading Up 0.5 %

Shares of NASDAQ SFST traded up $0.17 during midday trading on Thursday, hitting $36.18. The company’s stock had a trading volume of 5,712 shares, compared to its average volume of 14,881. The firm has a market cap of $295.23 million, a P/E ratio of 18.84 and a beta of 0.83. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.81. Southern First Bancshares, Inc. has a 12-month low of $24.98 and a 12-month high of $45.90. The business’s 50 day moving average is $38.48 and its two-hundred day moving average is $36.83.

Southern First Bancshares (NASDAQ:SFST) last posted its quarterly earnings results on Thursday, January 30th. The bank reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.29. Southern First Bancshares had a net margin of 7.28% and a return on equity of 4.85%. As a group, equities research analysts expect that Southern First Bancshares, Inc. will post 1.85 EPS for the current year.

Institutional Investors Weigh In On Southern First Bancshares

A number of large investors have recently made changes to their positions in the stock. Foster Victor Wealth Advisors LLC raised its stake in shares of Southern First Bancshares by 3.1% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 10,295 shares of the bank’s stock valued at $351,000 after buying an additional 312 shares during the last quarter. Sheets Smith Wealth Management grew its holdings in Southern First Bancshares by 3.3% during the fourth quarter. Sheets Smith Wealth Management now owns 15,191 shares of the bank’s stock worth $604,000 after acquiring an additional 490 shares during the period. BNP Paribas Financial Markets raised its position in Southern First Bancshares by 37.9% during the third quarter. BNP Paribas Financial Markets now owns 2,066 shares of the bank’s stock valued at $70,000 after acquiring an additional 568 shares in the last quarter. Empowered Funds LLC raised its position in Southern First Bancshares by 4.9% during the third quarter. Empowered Funds LLC now owns 14,430 shares of the bank’s stock valued at $492,000 after acquiring an additional 670 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in Southern First Bancshares by 7.0% in the fourth quarter. Rhumbline Advisers now owns 12,506 shares of the bank’s stock valued at $497,000 after acquiring an additional 813 shares during the period. 75.00% of the stock is owned by hedge funds and other institutional investors.

Southern First Bancshares Company Profile

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.