Somewhat Positive News Coverage Somewhat Unlikely to Impact Southern First Bancshares (NASDAQ:SFST) Share Price

Media coverage about Southern First Bancshares (NASDAQ:SFST) has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Southern First Bancshares earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the bank an impact score of 45.3407997029369 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

SFST has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of Southern First Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday, December 27th. ValuEngine upgraded shares of Southern First Bancshares from a “hold” rating to a “buy” rating in a report on Saturday, February 3rd. Finally, BidaskClub downgraded shares of Southern First Bancshares from a “buy” rating to a “hold” rating in a report on Friday, February 23rd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Southern First Bancshares has a consensus rating of “Hold” and an average target price of $44.00.

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NASDAQ:SFST opened at $45.45 on Friday. Southern First Bancshares has a one year low of $31.50 and a one year high of $46.70. The firm has a market capitalization of $335.50, a price-to-earnings ratio of 23.43 and a beta of 0.66. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.07.

In other Southern First Bancshares news, CFO Michael D. Dowling sold 1,700 shares of the company’s stock in a transaction on Monday, March 5th. The shares were sold at an average price of $44.25, for a total value of $75,225.00. Following the transaction, the chief financial officer now directly owns 26,807 shares in the company, valued at $1,186,209.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President F Justin Strickland sold 657 shares of the company’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $44.00, for a total transaction of $28,908.00. Following the completion of the transaction, the president now owns 72,232 shares in the company, valued at $3,178,208. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,797 shares of company stock worth $386,612. Corporate insiders own 12.85% of the company’s stock.

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Southern First Bancshares Company Profile

Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides various banking products and services to general public in South Carolina, North Carolina, and Georgia. It accepts various deposit products that include checking accounts, commercial checking accounts, savings accounts, and other time deposits, including daily money market accounts and certificates of deposit.

Insider Buying and Selling by Quarter for Southern First Bancshares (NASDAQ:SFST)

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