First Guaranty Bancshares (NASDAQ:FGBI) Director Edgar Smith III Acquires 109,051 Shares

Posted by Logan Wallace on May 4th, 2026

First Guaranty Bancshares, Inc. (NASDAQ:FGBI – Get Free Report) Director Edgar Smith III purchased 109,051 shares of the stock in a transaction dated Thursday, April 30th. The shares were acquired at an average cost of $9.17 per share, for a total transaction of $999,997.67. Following the completion of the acquisition, the director owned 784,400 shares of the company’s stock, valued at approximately $7,192,948. This represents a 16.15% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

First Guaranty Bancshares Stock Performance

Shares of NASDAQ:FGBI traded down $0.25 during midday trading on Monday, reaching $9.00. 40,022 shares of the company’s stock traded hands, compared to its average volume of 20,909. The company has a market cap of $142.11 million, a price-to-earnings ratio of -2.81 and a beta of 0.44. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.79 and a current ratio of 0.79. First Guaranty Bancshares, Inc. has a one year low of $4.31 and a one year high of $10.07. The stock has a 50 day moving average of $8.94 and a 200 day moving average of $7.52.

First Guaranty Bancshares (NASDAQ:FGBI – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The bank reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.07. The firm had revenue of $22.90 million for the quarter, compared to the consensus estimate of $22.15 million. First Guaranty Bancshares had a negative return on equity of 16.79% and a negative net margin of 21.47%. As a group, equities research analysts anticipate that First Guaranty Bancshares, Inc. will post 0.4 EPS for the current fiscal year.

First Guaranty Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 27th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, March 27th. First Guaranty Bancshares’s dividend payout ratio is presently -1.25%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of First Guaranty Bancshares in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, First Guaranty Bancshares presently has a consensus rating of “Reduce”.

Get Our Latest Stock Report on First Guaranty Bancshares

Institutional Inflows and Outflows

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

First Guaranty Bancshares Company Profile

(Get Free Report)

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.