Southern First Bancshares, Inc. (NASDAQ:SFST - Get Free Report) Director Anne S. Ellefson sold 600 shares of the stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $28.00, for a total transaction of $16,800.00. Following the transaction, the director now directly owns 6,712 shares of the company's stock, valued at approximately $187,936. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Southern First Bancshares Stock Down 2.6 %
Shares of NASDAQ:SFST opened at $27.29 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.00. Southern First Bancshares, Inc. has a 12 month low of $20.75 and a 12 month high of $39.36. The company has a 50-day moving average price of $30.60 and a 200 day moving average price of $31.75. The company has a market cap of $222.65 million, a price-to-earnings ratio of 16.64 and a beta of 0.78.
Analyst Upgrades and Downgrades
SFST has been the subject of several research reports. Piper Sandler raised shares of Southern First Bancshares from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $34.00 to $44.00 in a report on Wednesday, January 3rd. StockNews.com downgraded shares of Southern First Bancshares from a "hold" rating to a "sell" rating in a report on Thursday, March 28th.
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Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Sheets Smith Wealth Management lifted its holdings in shares of Southern First Bancshares by 2.7% in the 3rd quarter. Sheets Smith Wealth Management now owns 15,251 shares of the bank's stock valued at $411,000 after acquiring an additional 397 shares during the last quarter. Barclays PLC lifted its holdings in shares of Southern First Bancshares by 2.7% in the 3rd quarter. Barclays PLC now owns 19,140 shares of the bank's stock valued at $516,000 after acquiring an additional 496 shares during the last quarter. Strs Ohio lifted its holdings in shares of Southern First Bancshares by 4.9% in the 3rd quarter. Strs Ohio now owns 19,100 shares of the bank's stock valued at $514,000 after acquiring an additional 900 shares during the last quarter. SeaCrest Wealth Management LLC lifted its stake in Southern First Bancshares by 1.3% in the first quarter. SeaCrest Wealth Management LLC now owns 139,310 shares of the bank's stock worth $4,424,000 after purchasing an additional 1,730 shares during the last quarter. Finally, FinTrust Capital Advisors LLC lifted its stake in Southern First Bancshares by 256.4% in the fourth quarter. FinTrust Capital Advisors LLC now owns 2,780 shares of the bank's stock worth $103,000 after purchasing an additional 2,000 shares during the last quarter. Institutional investors own 75.00% of the company's stock.
Southern First Bancshares Company Profile
(
Get Free Report)
Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.
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