Judson Teichert Riggs Acquires 2,273 Shares of Five Star Bancorp (NASDAQ:FSBC) Stock

Five Star Bancorp (NASDAQ:FSBC) Director Judson Teichert Riggs acquired 2,273 shares of the company’s stock in a transaction on Wednesday, July 22nd. The shares were bought at an average price of $44.00 per share, with a total value of $100,012.00. Following the completion of the purchase, the director directly owned 87,531 shares of the company’s stock, valued at approximately $3,851,364. This represents a 2.67% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Five Star Bancorp Stock Performance

Shares of NASDAQ FSBC opened at $47.42 on Thursday. Five Star Bancorp has a 52-week low of $28.34 and a 52-week high of $50.26. The business has a fifty day moving average of $45.95 and a two-hundred day moving average of $41.64. The stock has a market cap of $1.01 billion, a PE ratio of 14.03 and a beta of 0.53.

Five Star Bancorp (NASDAQ:FSBC) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. The firm had revenue of $47.95 million during the quarter, compared to analysts’ expectations of $47.72 million. Five Star Bancorp had a return on equity of 16.17% and a net margin of 25.92%. Analysts predict that Five Star Bancorp will post 3.55 earnings per share for the current year.

Five Star Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Monday, August 3rd will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.1%. Five Star Bancorp’s dividend payout ratio is currently 29.59%.

Institutional Trading of Five Star Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. lifted its stake in shares of Five Star Bancorp by 0.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,017,380 shares of the company’s stock valued at $72,182,000 after purchasing an additional 18,668 shares during the period. Vanguard Group Inc. grew its stake in shares of Five Star Bancorp by 1.7% during the third quarter. Vanguard Group Inc. now owns 901,158 shares of the company’s stock worth $29,017,000 after purchasing an additional 15,183 shares during the period. Adage Capital Partners GP L.L.C. grew its stake in shares of Five Star Bancorp by 75.8% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 569,804 shares of the company’s stock worth $20,388,000 after purchasing an additional 245,727 shares during the period. Kennedy Capital Management LLC grew its stake in shares of Five Star Bancorp by 14.8% during the fourth quarter. Kennedy Capital Management LLC now owns 438,831 shares of the company’s stock worth $15,701,000 after purchasing an additional 56,412 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Five Star Bancorp by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 399,166 shares of the company’s stock valued at $14,285,000 after purchasing an additional 5,038 shares during the last quarter. Institutional investors own 46.94% of the company’s stock.

Five Star Bancorp News Roundup

Here are the key news stories impacting Five Star Bancorp this week:

• Positive Sentiment: Directors made substantial open-market purchases. Six directors collectively bought 142,727 shares for approximately $6.28 million at $44 per share. The largest purchase was Larry Eugene Allbaugh’s 96,591-share, $4.25 million acquisition. Broad insider buying can signal confidence in FSBC’s valuation and outlook. Insider buying report
• Positive Sentiment: Recent earnings exceeded expectations. Five Star Bancorp reported quarterly EPS of $0.91 versus the $0.86 consensus estimate, while revenue of roughly $48.0 million also topped forecasts. Its 16.17% return on equity and 25.92% net margin reinforce the case that earnings are supporting fair value. A valuation analysis described FSBC as approximately 2% undervalued. Fair value analysis
• Positive Sentiment: The quarterly dividend remains attractive. The company declared a $0.25-per-share dividend, equivalent to $1.00 annually and a yield of about 2.1%. The payout ratio is approximately 29.6%, suggesting room to maintain the dividend if earnings remain stable.
• Neutral Sentiment: The completed capital raise improves financial flexibility. Including the underwriters’ overallotment, FSBC sold 3,133,750 shares at $44 each and expects approximately $130.6 million in net proceeds. The funds may support Five Star Bank investments, loan growth and other corporate purposes. Offering announcement
• Negative Sentiment: The offering creates near-term shareholder dilution. The increased share count could pressure per-share earnings and offset some of the benefit from the new capital, likely contributing to caution despite the positive operating and insider-buying signals.

Wall Street Analysts Forecast Growth

FSBC has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Five Star Bancorp in a report on Monday, June 1st. Keefe, Bruyette & Woods lifted their target price on Five Star Bancorp from $41.00 to $43.00 and gave the company a “market perform” rating in a research note on Friday, May 1st. Stephens set a $51.00 target price on Five Star Bancorp in a research report on Monday. Finally, DA Davidson upped their price target on Five Star Bancorp from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.20.

About Five Star Bancorp

Five Star Bancorp, Inc is the bank holding company for Five Star Bank, a community-focused financial institution serving retail and commercial customers primarily in Upstate New York. Headquartered in Rochester, the company provides a range of banking and financial services designed to meet the needs of individuals, families and businesses throughout its regional footprint.

The company’s core business activities include deposit services—such as checking, savings and money market accounts—alongside consumer and mortgage lending.