First Interstate BancSystem (NASDAQ:FIBK) Major Shareholder Sells $30,525.00 in Stock

October 27, 2026 by InsiderTrades.com

Key Points

Major shareholder Jonathan Scott sold 825 FIBK shares at $37 each for $30,525, reducing his stake by 0.10% to 811,913 shares.
First Interstate BancSystem reported quarterly EPS of $0.65, below the $0.68 consensus estimate, while revenue of $249.5 million exceeded expectations.
The company declared a quarterly dividend of $0.47 per share, equivalent to an annualized $1.88 payout and a 5.0% yield; analysts maintain a consensus “Reduce” rating with a $37 average price target.

First Interstate BancSystem, Inc. (NASDAQ:FIBK - Get Free Report) major shareholder Jonathan Scott sold 825 shares of the stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $37.00, for a total transaction of $30,525.00. Following the completion of the sale, the insider owned 811,913 shares of the company's stock, valued at approximately $30,040,781. This represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.

First Interstate BancSystem Stock Up 2.4%

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FIBK opened at $37.68 on Tuesday. First Interstate BancSystem, Inc. has a fifty-two week low of $29.39 and a fifty-two week high of $40.60. The firm has a market capitalization of $3.59 billion, a P/E ratio of 11.46 and a beta of 0.73. The company's 50-day moving average is $36.52 and its 200 day moving average is $36.28. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.69 and a quick ratio of 0.69.

First Interstate BancSystem (NASDAQ:FIBK - Get Free Report) last posted its earnings results on Thursday, October 22nd. The financial services provider reported $0.65 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.03). First Interstate BancSystem had a return on equity of 9.49% and a net margin of 29.18%. The firm had revenue of $249.50 million for the quarter, compared to the consensus estimate of $247.93 million. Research analysts expect that First Interstate BancSystem, Inc. will post 2.88 earnings per share for the current fiscal year.

First Interstate BancSystem Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, November 3rd will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Tuesday, November 3rd. First Interstate BancSystem's dividend payout ratio (DPR) is 58.57%.

Institutional Trading of First Interstate BancSystem

A number of institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new stake in shares of First Interstate BancSystem during the 2nd quarter valued at approximately $26,000. Root Financial Partners LLC purchased a new position in First Interstate BancSystem in the 3rd quarter valued at approximately $25,000. Allworth Financial LP purchased a new position in First Interstate BancSystem in the 2nd quarter valued at approximately $62,000. Public Employees Retirement System of Ohio bought a new stake in First Interstate BancSystem during the 2nd quarter valued at $65,000. Finally, SJS Investment Consulting Inc. raised its holdings in First Interstate BancSystem by 15,876.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 2,077 shares of the financial services provider's stock valued at $69,000 after acquiring an additional 2,064 shares during the period. 88.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Barclays upped their price objective on First Interstate BancSystem from $37.00 to $38.00 and gave the company an "underweight" rating in a research note on Monday, October 5th. Wells Fargo & Company reiterated an "underweight" rating and set a $34.00 target price (down from $36.00) on shares of First Interstate BancSystem in a research note on Monday, August 10th. DA Davidson reissued a "neutral" rating and issued a $39.00 price target on shares of First Interstate BancSystem in a report on Monday, July 27th. Wall Street Zen lowered shares of First Interstate BancSystem from a "hold" rating to a "sell" rating in a research report on Saturday. Finally, Weiss Ratings restated a "buy (b)" rating on shares of First Interstate BancSystem in a report on Monday, September 28th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, First Interstate BancSystem presently has a consensus rating of "Reduce" and an average price target of $37.00.

Read Our Latest Research Report on FIBK

First Interstate BancSystem Company Profile

(Get Free Report)

First Interstate BancSystem, Inc is a financial holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides community banking services to individuals, businesses, agricultural customers and governmental entities.

First Interstate Bank offers deposit accounts, consumer and commercial loans, mortgage lending, credit cards, cash-management and treasury-management services, online and mobile banking, and wealth-management and investment services.