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

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) Director Marshall Reynolds bought 32,176 shares of the business’s stock in a transaction dated Tuesday, March 31st. The stock was bought at an average cost of $7.77 per share, for a total transaction of $250,007.52. Following the completion of the purchase, the director owned 2,025,997 shares of the company’s stock, valued at approximately $15,741,996.69. The trade was a 1.61% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

First Guaranty Bancshares Stock Performance

Shares of First Guaranty Bancshares stock opened at $9.20 on Friday. First Guaranty Bancshares, Inc. has a 1 year low of $4.31 and a 1 year high of $10.55. The firm’s 50-day moving average is $8.73 and its 200 day moving average is $7.39. The stock has a market cap of $145.30 million, a price-to-earnings ratio of -2.37 and a beta of 0.32. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.88 and a quick ratio of 0.88.

First Guaranty Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were issued a $0.01 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.4%. First Guaranty Bancshares’s dividend payout ratio (DPR) is presently -1.03%.

First Guaranty Bancshares News Roundup

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.

Institutional Investors Weigh In On First Guaranty Bancshares

A number of large investors have recently made changes to their positions in FGBI. Empowered Funds LLC lifted its stake in shares of First Guaranty Bancshares by 8.8% in 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. Acadian Asset Management LLC grew its position in First Guaranty Bancshares by 11.1% during the first quarter. Acadian Asset Management LLC now owns 49,565 shares of the bank’s stock valued at $379,000 after buying an additional 4,956 shares during the period. Renaissance Technologies LLC increased its holdings in First Guaranty Bancshares by 60.1% during the fourth quarter. Renaissance Technologies LLC now owns 28,347 shares of the bank’s stock valued at $152,000 after buying an additional 10,641 shares during the last quarter. Finally, Barclays PLC raised its position in First Guaranty Bancshares by 135.6% in the fourth quarter. Barclays PLC now owns 11,478 shares of the bank’s stock worth $62,000 after acquiring an additional 6,606 shares during the period. 39.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Zacks Research raised First Guaranty Bancshares from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of First Guaranty Bancshares in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, First Guaranty Bancshares presently has a consensus rating of “Reduce”.

About First Guaranty Bancshares

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.