9 hours Ago By ABMN Staff
Geode Capital Management LLC lowered its holdings in shares of Primis Financial Corp. ( NASDAQ:FRST – Free Report ) by 6.5% in the 4th quarter, HoldingsChannel.
com reports. The firm owned 436,049 shares of the company’s stock after selling 30,163 shares during the period. Geode Capital Management LLC’s holdings in Primis Financial were worth $5,085,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in shares of Primis Financial by 243.8% during the third quarter.
Barclays PLC now owns 27,441 shares of the company’s stock worth $334,000 after acquiring an additional 19,460 shares during the last quarter. Rhumbline Advisers lifted its stake in Primis Financial by 94.3% in the 4th quarter.
Rhumbline Advisers now owns 70,869 shares of the company’s stock worth $826,000 after purchasing an additional 34,394 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Primis Financial by 120.
0% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,112 shares of the company’s stock valued at $866,000 after purchasing an additional 38,792 shares during the last quarter.
Victory Capital Management Inc. increased its holdings in shares of Primis Financial by 12.8% in the fourth quarter.
Victory Capital Management Inc. now owns 88,000 shares of the company’s stock worth $1,026,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd.
lifted its position in shares of Primis Financial by 15.6% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 144,482 shares of the company’s stock worth $1,685,000 after buying an additional 19,454 shares in the last quarter. Institutional investors own 74.96% of the company’s stock.
Primis Financial Price Performance Shares of Primis Financial stock opened at $8.33 on Friday. The firm has a market cap of $205.
94 million, a PE ratio of -27.77 and a beta of 0.59.
The stock has a 50 day moving average of $9.45 and a 200 day moving average of $10.93.
The company has a current ratio of 0.99, a quick ratio of 0.86 and a debt-to-equity ratio of 0.
24. Primis Financial Corp. has a 12 month low of $7.
75 and a 12 month high of $13.52. Insider Activity at Primis Financial In related news, Director John Fitzgerald Biagas acquired 10,000 shares of Primis Financial stock in a transaction on Wednesday, March 12th.
The shares were bought at an average cost of $9.97 per share, with a total value of $99,700.00.
Following the completion of the purchase, the director now directly owns 88,469 shares of the company’s stock, valued at $882,035.93. The trade was a 12.
74 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website . Insiders have acquired a total of 12,025 shares of company stock valued at $122,058 over the last 90 days.
10.89% of the stock is owned by corporate insiders. Primis Financial Profile ( Free Report ) Primis Financial Corp.
operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. Further Reading Want to see what other hedge funds are holding FRST? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Primis Financial Corp. ( NASDAQ:FRST – Free Report ). Receive News & Ratings for Primis Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primis Financial and related companies with MarketBeat.
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