Simmons First National Co. (NASDAQ:SFNC) Insider Sells $3,034,000.00 in Stock

Simmons First National Co. (NASDAQ:SFNC) insider Vernon Wilson Jr. Bryant sold 100,000 shares of the business’s stock in a transaction dated Tuesday, May 1st. The stock was sold at an average price of $30.34, for a total transaction of $3,034,000.00. Following the sale, the insider now directly owns 161,706 shares in the company, valued at $4,906,160.04. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Vernon Wilson Jr. Bryant also recently made the following trade(s):

  • On Thursday, April 26th, Vernon Wilson Jr. Bryant sold 50,000 shares of Simmons First National stock. The shares were sold at an average price of $30.36, for a total transaction of $1,518,000.00.
  • On Thursday, February 15th, Vernon Wilson Jr. Bryant sold 10,000 shares of Simmons First National stock. The shares were sold at an average price of $28.99, for a total transaction of $289,900.00.
  • On Friday, February 2nd, Vernon Wilson Jr. Bryant sold 5,000 shares of Simmons First National stock. The shares were sold at an average price of $59.93, for a total transaction of $299,650.00.
  • On Tuesday, February 6th, Vernon Wilson Jr. Bryant sold 10,000 shares of Simmons First National stock. The stock was sold at an average price of $58.16, for a total transaction of $581,600.00.

SFNC opened at $31.30 on Friday. Simmons First National Co. has a twelve month low of $30.60 and a twelve month high of $30.77. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.76. The firm has a market cap of $2.83 billion, a PE ratio of 18.30 and a beta of 1.15.

Simmons First National (NASDAQ:SFNC) last posted its quarterly earnings data on Monday, April 23rd. The bank reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.03. The company had revenue of $172.50 million during the quarter, compared to analysts’ expectations of $171.50 million. Simmons First National had a net margin of 19.70% and a return on equity of 8.92%. research analysts anticipate that Simmons First National Co. will post 2.34 earnings per share for the current fiscal year.

SFNC has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Simmons First National from a “sell” rating to a “hold” rating and set a $32.00 target price on the stock in a research report on Wednesday, March 28th. Sandler O’Neill upgraded shares of Simmons First National from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research report on Wednesday, January 24th. BidaskClub downgraded shares of Simmons First National from a “hold” rating to a “sell” rating in a research note on Friday, January 19th. Finally, ValuEngine downgraded shares of Simmons First National from a “hold” rating to a “sell” rating in a research note on Wednesday, April 18th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Simmons First National has a consensus rating of “Hold” and a consensus target price of $33.00.

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. grew its holdings in shares of Simmons First National by 102.2% during the first quarter. BlackRock Inc. now owns 10,559,267 shares of the bank’s stock valued at $300,411,000 after buying an additional 5,336,529 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Simmons First National by 107.0% during the first quarter. Dimensional Fund Advisors LP now owns 4,838,303 shares of the bank’s stock valued at $137,650,000 after buying an additional 2,501,088 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Simmons First National by 115.0% during the first quarter. Northern Trust Corp now owns 1,376,605 shares of the bank’s stock valued at $39,164,000 after buying an additional 736,188 shares during the last quarter. King Luther Capital Management Corp grew its holdings in shares of Simmons First National by 98.2% during the first quarter. King Luther Capital Management Corp now owns 1,339,678 shares of the bank’s stock valued at $38,114,000 after buying an additional 663,813 shares during the last quarter. Finally, Newport Trust Co grew its holdings in shares of Simmons First National by 93.5% during the first quarter. Newport Trust Co now owns 1,358,765 shares of the bank’s stock valued at $38,657,000 after buying an additional 656,651 shares during the last quarter. Institutional investors and hedge funds own 25.19% of the company’s stock.

Simmons First National Company Profile

Simmons First National Corporation operates as the holding company for Simmons Bank that provides financial products and services to individuals and businesses. It offers checking, savings, and time deposits; loan products, including consumer, real estate, commercial, agricultural, equipment, and SBA lending; personal and corporate trust services; credit cards; investment management products; insurance products; and securities and investment services.

Insider Buying and Selling by Quarter for Simmons First National (NASDAQ:SFNC)

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