Insider Buying: First Guaranty Bancshares (NASDAQ:FGBI) Director Purchases 8,500 Shares of Stock

September 12, 2026 by InsiderTrades.com

Key Points

Director Robert Walker purchased 8,500 FGBI shares at an average price of $10.91, investing $92,735 and increasing his ownership by 15.71% to 62,621 shares.
First Guaranty Bancshares reported quarterly EPS of $0.17, exceeding estimates of $0.09, while revenue of $24.18 million also topped expectations; however, the company posted negative net margins and return on equity.
The stock opened at $7.95, down 3.3%, and analysts’ average rating remains “Reduce.” The company declared a quarterly dividend of $0.01 per share, equivalent to a 0.5% annualized yield.

First Guaranty Bancshares, Inc. (NASDAQ:FGBI - Get Free Report) Director Robert Walker purchased 8,500 shares of the company's stock in a transaction on Thursday, September 10th. The stock was purchased at an average price of $10.91 per share, with a total value of $92,735.00. Following the completion of the transaction, the director owned 62,621 shares of the company's stock, valued at approximately $683,195.11. This trade represents a 15.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

First Guaranty Bancshares Stock Down 3.3%

Shares of FGBI stock opened at $7.95 on Friday. The company has a market capitalization of $131.49 million, a price-to-earnings ratio of -3.29 and a beta of 0.42. First Guaranty Bancshares, Inc. has a one year low of $4.31 and a one year high of $11.02. The company's fifty day moving average price is $9.05 and its 200-day moving average price is $9.23. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.73 and a quick ratio of 0.73.

First Guaranty Bancshares (NASDAQ:FGBI - Get Free Report) last released its earnings results on Monday, July 27th. The bank reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.08. The company had revenue of $24.18 million for the quarter, compared to analysts' expectations of $21.66 million. First Guaranty Bancshares had a negative net margin of 16.83% and a negative return on equity of 12.25%. Sell-side analysts expect that First Guaranty Bancshares, Inc. will post 0.4 EPS for the current fiscal year.

First Guaranty Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 25th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Friday, September 25th. First Guaranty Bancshares's payout ratio is presently -1.65%.

Institutional Investors Weigh In On First Guaranty Bancshares

Hedge funds have recently made changes to their positions in the company. Acadian Asset Management LLC grew its holdings in First Guaranty Bancshares by 11.1% during the 1st quarter. Acadian Asset Management LLC now owns 49,565 shares of the bank's stock valued at $379,000 after buying an additional 4,956 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of First Guaranty Bancshares by 8.8% during the 1st quarter. Empowered Funds LLC now owns 46,048 shares of the bank's stock worth $355,000 after acquiring an additional 3,742 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of First Guaranty Bancshares by 60.1% during the 4th quarter. Renaissance Technologies LLC now owns 28,347 shares of the bank's stock valued at $152,000 after acquiring an additional 10,641 shares during the last quarter. Barclays PLC boosted its position in shares of First Guaranty Bancshares by 135.6% during the 4th quarter. Barclays PLC now owns 11,478 shares of the bank's stock valued at $62,000 after acquiring an additional 6,606 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of First Guaranty Bancshares by 1,288.4% in the first quarter. NewEdge Advisors LLC now owns 6,942 shares of the bank's stock valued at $56,000 after purchasing an additional 6,442 shares in the last quarter. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on FGBI shares. Wall Street Zen raised First Guaranty Bancshares to a "hold" rating in a report on Saturday, June 27th. Weiss Ratings lowered shares of First Guaranty Bancshares from a "sell (d)" rating to a "sell (d-)" rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Reduce".

View Our Latest Stock Analysis on FGBI

First Guaranty Bancshares Company Profile

(Get Free Report)

First Guaranty Bancshares, Inc is a financial holding company headquartered in Hammond, Louisiana. Through its principal subsidiary, First Guaranty Bank, the company provides a diversified range of commercial and retail banking services. Founded in 1932, First Guaranty Bancshares has grown from a community mutual bank into a publicly traded institution listed on the Nasdaq under the ticker FGBI.

The company's core business activities encompass traditional deposit products and lending solutions.