First Guaranty Bancshares (NASDAQ:FGBI) Director Acquires $250,007.52 in Stock

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) Director Bruce Mcanally acquired 32,176 shares of the stock in a transaction on Tuesday, March 31st. The stock was bought at an average price of $7.77 per share, for a total transaction of $250,007.52. Following the transaction, the director owned 332,536 shares in the company, valued at approximately $2,583,804.72. This represents a 10.71% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

First Guaranty Bancshares Stock Performance

FGBI stock opened at $9.20 on Friday. First Guaranty Bancshares, Inc. has a 52-week low of $4.31 and a 52-week high of $10.55. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.99. The firm has a market cap of $145.30 million, a P/E ratio of -2.37 and a beta of 0.32. The company’s 50-day simple moving average is $8.73 and its 200-day simple moving average is $7.39.

First Guaranty Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were given a dividend of $0.01 per share. The ex-dividend date was Friday, March 27th. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. First Guaranty Bancshares’s dividend payout ratio is currently -1.03%.

More First Guaranty Bancshares News

Here are the key news stories impacting First Guaranty Bancshares this week:

• Positive Sentiment: Multiple directors bought stock — Director Bruce McAnally acquired 32,176 shares at $7.77 (added ~10.7% to his position; now owns 332,536 shares). Read More.
• Positive Sentiment: Large insider buy — Director Edgar R. Smith III purchased 138,083 shares at $7.77 (a ~25.7% increase in his stake), signaling strong insider conviction. Read More.
• Positive Sentiment: Another director, Marshall T. Reynolds, acquired 32,176 shares at $7.77 (increasing his holdings to ~2.03M shares). Insider accumulation across multiple directors is a supportive signal for investors. Read More.
• Neutral Sentiment: Institutional tweaks — Several funds (Barclays, Renaissance Technologies, Empowered Funds, Acadian) increased positions modestly in recent quarters; institutions now own ~39.5% of shares. This is steady but not a major shift. Read More.
• Neutral Sentiment: Dividend paid — The company paid a $0.01 quarterly dividend (annualized $0.04; ~0.4% yield). It’s a positive income signal but very small relative to valuation drivers. Read More.
• Negative Sentiment: Technical headwind — A note flagged the share price crossing below the 50‑day moving average, which can prompt technical selling or caution among momentum traders. Read More.
• Negative Sentiment: Mixed analyst view — Coverage is thin and skewed to negative (MarketBeat lists an average “Reduce” / sell-oriented stance), which may limit buy‑side momentum until fundamentals or coverage change. Read More.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FGBI. Weiss Ratings reiterated a “sell (d)” rating on shares of First Guaranty Bancshares in a report on Thursday, January 22nd. Zacks Research upgraded First Guaranty Bancshares from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Hedge Funds Weigh In On First Guaranty Bancshares

A number of institutional investors have recently bought and sold shares of FGBI. Renaissance Technologies LLC increased its holdings in shares of First Guaranty Bancshares by 60.1% during the 4th quarter. Renaissance Technologies LLC now owns 28,347 shares of the bank’s stock worth $152,000 after buying an additional 10,641 shares during the last quarter. Barclays PLC lifted its stake in shares of First Guaranty Bancshares by 135.6% in the 4th quarter. Barclays PLC now owns 11,478 shares of the bank’s stock valued at $62,000 after purchasing an additional 6,606 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of First Guaranty Bancshares by 11.1% during the 1st quarter. Acadian Asset Management LLC now owns 49,565 shares of the bank’s stock worth $379,000 after purchasing an additional 4,956 shares during the period. Finally, Empowered Funds LLC grew its holdings in shares of First Guaranty Bancshares by 8.8% during the 1st quarter. Empowered Funds LLC now owns 46,048 shares of the bank’s stock worth $355,000 after purchasing an additional 3,742 shares during the period. 39.52% of the stock is owned by hedge funds and other institutional investors.

First Guaranty Bancshares Company Profile

First Guaranty Bancshares, Inc is a financial holding company headquartered in Hammond, Louisiana. Through its principal subsidiary, First Guaranty Bank, the company provides a diversified range of commercial and retail banking services. Founded in 1932, First Guaranty Bancshares has grown from a community mutual bank into a publicly traded institution listed on the Nasdaq under the ticker FGBI.

The company’s core business activities encompass traditional deposit products and lending solutions.