Anna T. Locke Acquires 360 Shares of Southern First Bancshares, Inc. (NASDAQ:SFST) Stock

Southern First Bancshares, Inc. (NASDAQ:SFST) Director Anna T. Locke bought 360 shares of Southern First Bancshares stock in a transaction dated Monday, February 10th. The stock was purchased at an average price of $37.01 per share, for a total transaction of $13,323.60. Following the purchase, the director now directly owns 2,582 shares in the company, valued at $95,559.82. This represents a 16.20 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Southern First Bancshares Trading Down 1.4 %

Shares of SFST stock opened at $35.68 on Friday. The company has a market capitalization of $291.15 million, a P/E ratio of 18.58 and a beta of 0.83. Southern First Bancshares, Inc. has a 12-month low of $24.98 and a 12-month high of $45.90. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.81. The firm has a 50-day moving average price of $38.17 and a 200 day moving average price of $36.84.

Southern First Bancshares (NASDAQ:SFST) last announced its earnings results on Thursday, January 30th. The bank reported $0.70 EPS for the quarter, topping the consensus estimate of $0.41 by $0.29. Southern First Bancshares had a return on equity of 4.85% and a net margin of 7.28%. Research analysts forecast that Southern First Bancshares, Inc. will post 1.85 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Southern First Bancshares

A number of institutional investors and hedge funds have recently bought and sold shares of SFST. BNP Paribas Financial Markets raised its holdings in shares of Southern First Bancshares by 37.9% in the third quarter. BNP Paribas Financial Markets now owns 2,066 shares of the bank’s stock valued at $70,000 after buying an additional 568 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Southern First Bancshares in the 3rd quarter valued at about $101,000. Colonial Trust Advisors increased its position in Southern First Bancshares by 18.1% in the 4th quarter. Colonial Trust Advisors now owns 5,725 shares of the bank’s stock valued at $228,000 after acquiring an additional 877 shares in the last quarter. Princeton Capital Management LLC bought a new position in shares of Southern First Bancshares in the third quarter worth about $204,000. Finally, Wells Fargo & Company MN lifted its position in shares of Southern First Bancshares by 15.1% during the fourth quarter. Wells Fargo & Company MN now owns 7,506 shares of the bank’s stock worth $298,000 after purchasing an additional 986 shares in the last quarter. Institutional investors and hedge funds own 75.00% of the company’s stock.

Southern First Bancshares Company Profile

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.