First Us Bancsh (NASDAQ:FUSB) Director Buys 619 Shares

Key Points

  • Director Staci Pierce bought 619 First US Bancshares shares at an average price of $16.48, investing $10,201.12 and increasing her ownership by 6.2% to 10,605 shares. She also purchased 136 shares the previous day.
  • First US Bancshares reported quarterly EPS of $0.31 on $20.32 million in revenue, with a 12.1% net margin and 7.4% return on equity.
  • The stock opened at $16.68, near its 52-week high of $16.99. The company pays a $0.07 quarterly dividend, while analyst coverage remains at a consensus “Hold” rating.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) Director Staci Pierce acquired 619 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average cost of $16.48 per share, with a total value of $10,201.12. Following the completion of the purchase, the director owned 10,605 shares of the company's stock, valued at $174,770.40. This trade represents a 6.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Staci Pierce also recently made the following trade(s):

  • On Monday, August 3rd, Staci Pierce bought 136 shares of First Us Bancsh stock. The shares were acquired at an average price of $16.53 per share, for a total transaction of $2,248.08.

First Us Bancsh Trading Up 3.2%

NASDAQ FUSB opened at $16.68 on Thursday. The company's 50-day simple moving average is $16.45 and its two-hundred day simple moving average is $15.77. First Us Bancsh has a one year low of $10.30 and a one year high of $16.99. The company has a market capitalization of $92.91 million, a price-to-earnings ratio of 12.64 and a beta of 0.22. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.89.




First Us Bancsh (NASDAQ:FUSB - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $20.32 million for the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.40%.

First Us Bancsh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, June 12th. First Us Bancsh's dividend payout ratio (DPR) is 21.21%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of First Us Bancsh in a report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Check Out Our Latest Research Report on FUSB

Institutional Trading of First Us Bancsh

A number of institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its position in shares of First Us Bancsh by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider's stock worth $821,000 after purchasing an additional 1,793 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in First Us Bancsh by 100.0% during the first quarter. EverSource Wealth Advisors LLC now owns 9,932 shares of the financial services provider's stock worth $152,000 after acquiring an additional 4,966 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in First Us Bancsh by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider's stock valued at $506,000 after acquiring an additional 720 shares in the last quarter. Marble Wealth LLC acquired a new stake in First Us Bancsh in the 4th quarter valued at about $214,000. Finally, Bank of America Corp DE lifted its stake in First Us Bancsh by 37.3% in the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider's stock worth $193,000 after purchasing an additional 4,365 shares in the last quarter. 18.74% of the stock is owned by institutional investors and hedge funds.

About First Us Bancsh

(Get Free Report)

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm's core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.

Recommended Stories

Insider Buying and Selling by Quarter for First Us Bancsh (NASDAQ:FUSB)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at First Us Bancsh?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for First Us Bancsh and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles