Five Star Bancorp (NASDAQ:FSBC) SVP Michael Eugene Lee Sells 1,500 Shares

Five Star Bancorp (NASDAQ:FSBC) SVP Michael Eugene Lee sold 1,500 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $30.67, for a total value of $46,005.00. Following the sale, the senior vice president now directly owns 36,765 shares of the company’s stock, valued at $1,127,582.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Five Star Bancorp Price Performance

NASDAQ:FSBC opened at $30.19 on Friday. Five Star Bancorp has a one year low of $19.25 and a one year high of $31.88. The firm has a market capitalization of $643.65 million, a price-to-earnings ratio of 13.24 and a beta of 0.42. The business has a fifty day moving average price of $29.55 and a 200-day moving average price of $26.22.

Five Star Bancorp (NASDAQ:FSBC) last issued its earnings results on Monday, October 28th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.02). The firm had revenue of $54.05 million during the quarter. Five Star Bancorp had a return on equity of 13.50% and a net margin of 21.35%. During the same quarter last year, the business earned $0.64 earnings per share. On average, equities research analysts expect that Five Star Bancorp will post 2.17 earnings per share for the current fiscal year.

Five Star Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th will be given a dividend of $0.20 per share. The ex-dividend date is Monday, November 4th. This represents a $0.80 annualized dividend and a dividend yield of 2.65%. Five Star Bancorp’s dividend payout ratio (DPR) is presently 35.09%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Brighton Jones LLC raised its stake in Five Star Bancorp by 0.3% in the third quarter. Brighton Jones LLC now owns 141,342 shares of the company’s stock worth $4,202,000 after buying an additional 401 shares in the last quarter. Inspire Investing LLC purchased a new stake in shares of Five Star Bancorp during the third quarter valued at $414,000. SG Americas Securities LLC purchased a new stake in shares of Five Star Bancorp during the third quarter valued at $182,000. Mendon Capital Advisors Corp grew its holdings in shares of Five Star Bancorp by 320.7% during the second quarter. Mendon Capital Advisors Corp now owns 50,000 shares of the company’s stock valued at $1,182,000 after buying an additional 38,116 shares during the last quarter. Finally, Davis Asset Management L.P. grew its holdings in shares of Five Star Bancorp by 3.4% during the second quarter. Davis Asset Management L.P. now owns 1,511,500 shares of the company’s stock valued at $35,747,000 after buying an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 46.94% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. DA Davidson lifted their price target on Five Star Bancorp from $27.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Stephens boosted their price target on Five Star Bancorp from $29.00 to $32.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Finally, Keefe, Bruyette & Woods boosted their price target on Five Star Bancorp from $27.00 to $31.00 and gave the company a “market perform” rating in a report on Friday, July 26th.

Five Star Bancorp Company Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.