Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of FB Financial Corporation (NYSE:FBK). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in FB Financial stock on January 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.
FB Financial Stock Performance
Shares of NYSE:FBK traded up $0.66 during midday trading on Friday, reaching $59.14. The company had a trading volume of 185,332 shares, compared to its average volume of 258,179. The company has a fifty day simple moving average of $58.38 and a two-hundred day simple moving average of $55.73. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 24.64 and a beta of 1.00. FB Financial Corporation has a 1-year low of $38.83 and a 1-year high of $62.37.
FB Financial Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 24th. Investors of record on Tuesday, February 10th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This is an increase from FB Financial’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a yield of 1.4%. FB Financial’s dividend payout ratio is presently 35.00%.
Analyst Ratings Changes
FBK has been the subject of several research reports. Piper Sandler lowered FB Financial from an “overweight” rating to a “neutral” rating and upped their target price for the company from $63.00 to $65.00 in a research note on Friday, January 23rd. Wall Street Zen raised shares of FB Financial from a “sell” rating to a “hold” rating in a report on Sunday, November 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of FB Financial in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $61.20.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC raised its stake in shares of FB Financial by 21.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 266,327 shares of the financial services provider’s stock valued at $14,845,000 after purchasing an additional 47,278 shares during the period. M Holdings Securities Inc. bought a new stake in FB Financial in the 2nd quarter valued at approximately $794,000. Principal Financial Group Inc. boosted its position in FB Financial by 18.3% during the 3rd quarter. Principal Financial Group Inc. now owns 202,784 shares of the financial services provider’s stock worth $11,303,000 after acquiring an additional 31,382 shares during the last quarter. Deprince Race & Zollo Inc. bought a new position in shares of FB Financial during the 3rd quarter worth approximately $48,674,000. Finally, 12th Street Asset Management Company LLC lifted its position in shares of FB Financial by 10.3% in the third quarter. 12th Street Asset Management Company LLC now owns 211,398 shares of the financial services provider’s stock worth $11,783,000 after purchasing an additional 19,717 shares in the last quarter. 65.40% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at FB Financial
In related news, major shareholder James Austin Mcpherson sold 8,500 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $60.06, for a total value of $510,510.00. Following the completion of the sale, the insider directly owned 9,484 shares in the company, valued at approximately $569,609.04. This trade represents a 47.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.90% of the stock is owned by insiders.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About FB Financial
FB Financial Corporation, through its banking subsidiary FirstBank, is a Tennessee-based bank holding company that provides a broad range of financial services to individuals, small and medium-sized businesses, and commercial clients. Established to serve the banking needs of communities across the southeastern United States, the company’s core offerings include consumer and commercial deposit products, commercial lending, and mortgage services.
In addition to traditional checking and savings accounts, FB Financial’s service portfolio encompasses treasury and cash management, equipment financing, and letters of credit to support the working capital and expansion needs of business customers.
Read More
- Five stocks we like better than FB Financial
- Only 500 people today…
- Unlocked: Elon Musk’s Next Big IPO
- Silver paying 20% dividend. Plus 68% share gains
- America’s 1776 happening again
- How a Family Trust May Be Able To Help Preserve Your Wealth
Receive News & Ratings for FB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FB Financial and related companies with MarketBeat.com's FREE daily email newsletter.
