Robert Yates Clagett Purchases 2,268 Shares of Primis Financial (NASDAQ:FRST) Stock

November 14, 2025 by InsiderTrades.com

Key Points

Director Robert Yates Clagett purchased 2,268 shares of Primis Financial (NASDAQ:FRST) on Nov. 13 at an average price of $10.98 (~$24,903), adding to a Nov. 11 buy and increasing his holdings to 50,834 shares (a 4.67% position increase).
Primis shares traded around $10.92 (12‑month range $7.59–$12.95) with a market cap of roughly $269 million and a PE of 78.01; the company reported Q3 EPS of $0.28 (miss) but revenue of $41.0M (beat).
The firm declared a quarterly dividend of $0.10 per share (annualized $0.40, ~3.7% yield) with an ex‑dividend date of Nov. 7 and a high payout ratio of 285.71%.

Primis Financial Corp. (NASDAQ:FRST - Get Free Report) Director Robert Yates Clagett bought 2,268 shares of Primis Financial stock in a transaction that occurred on Thursday, November 13th. The shares were bought at an average cost of $10.98 per share, with a total value of $24,902.64. Following the acquisition, the director directly owned 50,834 shares in the company, valued at $558,157.32. This trade represents a 4.67% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Robert Yates Clagett also recently made the following trade(s):

On Tuesday, November 11th, Robert Yates Clagett acquired 1,830 shares of Primis Financial stock. The shares were bought at an average price of $10.84 per share, with a total value of $19,837.20.

Primis Financial Stock Performance

Shares of NASDAQ:FRST traded down $0.11 during trading on Friday, reaching $10.92. 13,388 shares of the stock were exchanged, compared to its average volume of 89,312. Primis Financial Corp. has a 12 month low of $7.59 and a 12 month high of $12.95. The stock has a 50-day moving average price of $10.60 and a 200-day moving average price of $10.48. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.26. The firm has a market cap of $268.99 million, a PE ratio of 78.01 and a beta of 0.86.

Primis Financial (NASDAQ:FRST - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.04). Primis Financial had a negative return on equity of 0.76% and a net margin of 1.31%.The firm had revenue of $41.00 million for the quarter, compared to analyst estimates of $27.96 million. Research analysts expect that Primis Financial Corp. will post 1.4 EPS for the current fiscal year.

Primis Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, November 7th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, November 7th. Primis Financial's dividend payout ratio (DPR) is currently 285.71%.

Institutional Investors Weigh In On Primis Financial

Hedge funds have recently modified their holdings of the company. Rhino Investment Partners Inc acquired a new position in Primis Financial during the 1st quarter worth approximately $6,818,000. Fourthstone LLC boosted its stake in Primis Financial by 219.5% during the 2nd quarter. Fourthstone LLC now owns 576,260 shares of the company's stock valued at $6,252,000 after purchasing an additional 395,924 shares during the last quarter. CSM Advisors LLC bought a new stake in Primis Financial in the 2nd quarter worth about $4,108,000. Mendon Capital Advisors Corp increased its stake in Primis Financial by 16.6% in the 2nd quarter. Mendon Capital Advisors Corp now owns 1,301,933 shares of the company's stock valued at $14,126,000 after buying an additional 185,083 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new stake in Primis Financial in the 1st quarter valued at about $1,634,000. Institutional investors and hedge funds own 74.96% of the company's stock.

Wall Street Analyst Weigh In

FRST has been the topic of a number of analyst reports. Weiss Ratings restated a "hold (c-)" rating on shares of Primis Financial in a research report on Friday, October 31st. Zacks Research raised Primis Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, October 13th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Primis Financial presently has a consensus rating of "Hold" and a consensus target price of $1.00.

Read Our Latest Analysis on Primis Financial

Primis Financial Company Profile

(Get Free Report)

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits.