First Guaranty Bancshares (NASDAQ:FGBI) Stock: Insider Edgar Smith III Buys 99,277 Shares

October 3, 2026 by InsiderTrades.com

Key Points

Director Edgar Smith III bought 99,277 FGBI shares at an average price of $8.28, investing about $822,000 and increasing his ownership by 11.55% to 958,523 shares.
First Guaranty Bancshares reported quarterly earnings of $0.17 per share and revenue of $24.18 million, exceeding analyst estimates, though the company continued to post negative net margins and return on equity.
The stock was rated “Reduce” overall, with one analyst assigning a Hold and another a Sell rating. Shares opened at $8.31, while the company paid a quarterly dividend of $0.01, yielding approximately 0.5% annually.

First Guaranty Bancshares, Inc. (NASDAQ:FGBI - Get Free Report) Director Edgar Smith III purchased 99,277 shares of the business's stock in a transaction on Wednesday, September 30th. The shares were acquired at an average price of $8.28 per share, with a total value of $822,013.56. Following the completion of the transaction, the director owned 958,523 shares of the company's stock, valued at approximately $7,936,570.44. This trade represents a 11.55% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

First Guaranty Bancshares Stock Up 1.5%

Shares of NASDAQ:FGBI opened at $8.31 on Friday. The stock has a market capitalization of $137.44 million, a P/E ratio of -3.43 and a beta of 0.47. The stock's 50-day moving average price is $8.61 and its 200-day moving average price is $9.18. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.96. First Guaranty Bancshares, Inc. has a 12-month low of $4.31 and a 12-month high of $11.02.

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 during the quarter, compared to analyst estimates of $21.66 million. First Guaranty Bancshares had a negative return on equity of 12.25% and a negative net margin of 16.83%. On average, equities analysts anticipate that First Guaranty Bancshares, Inc. will post 0.4 earnings per share for the current year.

First Guaranty Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 25th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, September 25th. First Guaranty Bancshares's payout ratio is -1.65%.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on FGBI

Institutional Trading of First Guaranty Bancshares

A hedge fund recently raised its stake in First Guaranty Bancshares stock. NewEdge Advisors LLC increased its holdings in First Guaranty Bancshares, Inc. (NASDAQ:FGBI - Free Report) by 1,288.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,942 shares of the bank's stock after purchasing an additional 6,442 shares during the quarter. NewEdge Advisors LLC's holdings in First Guaranty Bancshares were worth $56,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 39.52% of the stock is currently owned by institutional investors and hedge funds.

About First Guaranty Bancshares

(Get Free Report)

First Guaranty Bancshares, Inc is a bank holding company headquartered in Hammond, Louisiana. Through its principal subsidiary, First Guaranty Bank, the company provides community banking services to individuals, businesses and organizations.

First Guaranty Bank offers deposit products such as checking, savings and money market accounts, certificates of deposit and business deposits. Its lending activities include commercial and industrial loans, commercial real estate financing, construction and development loans, residential real estate loans, agricultural lending and consumer loans.

The bank also provides treasury management, online and mobile banking, cash management and other financial services.