Key Points
- USCB Financial CEO La Aguilera Luis De sold 49,414 shares on May 21 at an average price of $18.30, totaling about $904,276. After the sale, he still held 242,945 shares, and the transaction reduced his ownership by 16.9%.
- The CEO has been actively selling shares throughout May, with multiple additional transactions totaling well over 100,000 shares across several trading days. This suggests a sustained pattern of insider selling rather than a one-off trade.
- USCB Financial’s stock was up slightly and remains near its recent range, opening at $18.62 with a market cap of about $340 million. The company recently missed EPS estimates by a penny, while analysts still hold a consensus Moderate Buy rating with a $22 price target.
USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 49,414 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $18.30, for a total transaction of $904,276.20. Following the sale, the chief executive officer directly owned 242,945 shares in the company, valued at approximately $4,445,893.50. The trade was a 16.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
La Aguilera Luis De also recently made the following trade(s):
- On Wednesday, May 20th, La Aguilera Luis De sold 36,826 shares of USCB Financial stock. The stock was sold at an average price of $18.15, for a total transaction of $668,391.90.
- On Tuesday, May 19th, La Aguilera Luis De sold 4,931 shares of USCB Financial stock. The stock was sold at an average price of $18.01, for a total transaction of $88,807.31.
- On Friday, May 15th, La Aguilera Luis De sold 805 shares of USCB Financial stock. The stock was sold at an average price of $18.05, for a total transaction of $14,530.25.
- On Monday, May 18th, La Aguilera Luis De sold 2,485 shares of USCB Financial stock. The stock was sold at an average price of $18.06, for a total transaction of $44,879.10.
- On Thursday, May 14th, La Aguilera Luis De sold 22,883 shares of USCB Financial stock. The stock was sold at an average price of $18.20, for a total transaction of $416,470.60.
- On Wednesday, May 13th, La Aguilera Luis De sold 19,947 shares of USCB Financial stock. The stock was sold at an average price of $18.06, for a total transaction of $360,242.82.
- On Monday, May 11th, La Aguilera Luis De sold 5,279 shares of USCB Financial stock. The stock was sold at an average price of $18.27, for a total transaction of $96,447.33.
- On Thursday, May 7th, La Aguilera Luis De sold 10,005 shares of USCB Financial stock. The stock was sold at an average price of $18.14, for a total transaction of $181,490.70.
- On Tuesday, May 5th, La Aguilera Luis De sold 16,895 shares of USCB Financial stock. The stock was sold at an average price of $18.12, for a total transaction of $306,137.40.
- On Wednesday, May 6th, La Aguilera Luis De sold 13,100 shares of USCB Financial stock. The stock was sold at an average price of $18.16, for a total transaction of $237,896.00.
USCB Financial Trading Up 0.4%
Shares of USCB Financial stock opened at $18.62 on Friday. The firm has a market capitalization of $340.00 million, a PE ratio of 13.02 and a beta of 0.53. USCB Financial Holdings, Inc. has a twelve month low of $15.56 and a twelve month high of $20.78. The firm's 50-day moving average price is $18.77 and its 200 day moving average price is $18.79. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.
USCB Financial (NASDAQ:USCB - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.01). The company had revenue of $26.18 million during the quarter, compared to analysts' expectations of $25.95 million. USCB Financial had a net margin of 17.04% and a return on equity of 15.37%. On average, sell-side analysts predict that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.
USCB Financial Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a yield of 2.7%. USCB Financial's dividend payout ratio (DPR) is currently 34.97%.
Wall Street Analysts Forecast Growth
USCB has been the topic of a number of research reports. Raymond James Financial reaffirmed a "strong-buy" rating on shares of USCB Financial in a research note on Monday, April 27th. Piper Sandler raised their price target on shares of USCB Financial from $23.00 to $24.00 and gave the company an "overweight" rating in a research note on Tuesday, April 28th. Zacks Research raised shares of USCB Financial from a "strong sell" rating to a "hold" rating in a research note on Monday, March 30th. Hovde Group raised their price target on shares of USCB Financial from $19.50 to $20.00 and gave the company a "market perform" rating in a research note on Monday, April 27th. Finally, Wall Street Zen upgraded shares of USCB Financial from a "sell" rating to a "hold" rating in a report on Sunday, May 3rd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.00.
Read Our Latest Stock Analysis on USCB Financial
Institutional Trading of USCB Financial
Hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC raised its holdings in USCB Financial by 60.1% in the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company's stock valued at $31,000 after acquiring an additional 638 shares during the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of USCB Financial during the 1st quarter worth approximately $41,000. Russell Investments Group Ltd. increased its holdings in shares of USCB Financial by 66.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company's stock worth $39,000 after buying an additional 883 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of USCB Financial by 100.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company's stock worth $65,000 after buying an additional 1,854 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of USCB Financial by 2,081.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company's stock worth $70,000 after buying an additional 4,017 shares during the last quarter. Institutional investors and hedge funds own 61.34% of the company's stock.
About USCB Financial
(
Get Free Report)
USCB Financial (NASDAQ: USCB) is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.
The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.
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