First Busey (NASDAQ:BUSE) President Mike Maddox Acquires 1,000 Shares

December 6, 2025 by InsiderTrades.com

Key Points

First Busey President Mike Maddox bought 1,000 shares on December 3 at an average price of $25.52, spending $25,520 and increasing his position to 40,280 shares (a 2.55% rise) valued at about $1.03M.
The company pays a quarterly dividend of $0.25 (annualized $1.00), representing a 4.2% yield and a relatively high payout ratio of 86.96%.
Institutional investors have been adding shares—Wellington Management raised its stake 94.4% to roughly 7.14M shares, with Vanguard and Dimensional also increasing holdings, leaving institutions owning 56.49% of the stock.

First Busey Corporation (NASDAQ:BUSE - Get Free Report) President Mike Maddox purchased 1,000 shares of First Busey stock in a transaction dated Wednesday, December 3rd. The stock was acquired at an average price of $25.52 per share, for a total transaction of $25,520.00. Following the completion of the transaction, the president owned 40,280 shares in the company, valued at approximately $1,027,945.60. The trade was a 2.55% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

First Busey Trading Down 0.7%

NASDAQ BUSE opened at $24.02 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.91. First Busey Corporation has a one year low of $18.40 and a one year high of $27.26. The company has a 50-day simple moving average of $23.12 and a 200-day simple moving average of $23.32. The firm has a market capitalization of $2.12 billion, a PE ratio of 20.89 and a beta of 0.80.

First Busey (NASDAQ:BUSE - Get Free Report) last released its quarterly earnings data on Friday, May 20th. The bank reported $0.69 earnings per share for the quarter. First Busey had a net margin of 11.00% and a return on equity of 9.05%. The firm had revenue of $63.34 million for the quarter. On average, equities analysts forecast that First Busey Corporation will post 2.61 earnings per share for the current year.

First Busey Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 24th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 4.2%. First Busey's dividend payout ratio (DPR) is 86.96%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BUSE. Weiss Ratings restated a "hold (c+)" rating on shares of First Busey in a research report on Monday. Raymond James Financial reiterated an "outperform" rating and issued a $26.00 target price (down from $28.00) on shares of First Busey in a research note on Thursday, October 30th. Finally, Piper Sandler lowered their price target on shares of First Busey from $30.00 to $26.00 and set an "overweight" rating for the company in a research report on Friday, October 31st. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $26.33.

Read Our Latest Analysis on First Busey

Institutional Trading of First Busey

Several large investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its stake in First Busey by 94.4% during the 3rd quarter. Wellington Management Group LLP now owns 7,135,906 shares of the bank's stock valued at $165,196,000 after acquiring an additional 3,464,965 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of First Busey by 52.2% in the first quarter. Vanguard Group Inc. now owns 4,706,925 shares of the bank's stock worth $101,670,000 after purchasing an additional 1,613,848 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of First Busey by 45.6% during the first quarter. Dimensional Fund Advisors LP now owns 5,096,605 shares of the bank's stock valued at $110,086,000 after purchasing an additional 1,596,262 shares during the period. T. Rowe Price Investment Management Inc. bought a new stake in shares of First Busey during the first quarter valued at about $19,861,000. Finally, Mirabella Financial Services LLP bought a new stake in shares of First Busey during the second quarter valued at about $20,113,000. 56.49% of the stock is currently owned by institutional investors and hedge funds.

First Busey Company Profile

(Get Free Report)

First Busey Corporation operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. It operates through three segments: Banking, Wealth Management, and FirsTech.