Larry Eugene Allbaugh Purchases 96,591 Shares of Five Star Bancorp (NASDAQ:FSBC) Stock

Five Star Bancorp (NASDAQ:FSBC) Director Larry Eugene Allbaugh bought 96,591 shares of the stock in a transaction dated Wednesday, July 22nd. The shares were bought at an average cost of $44.00 per share, with a total value of $4,250,004.00. Following the completion of the purchase, the director directly owned 1,101,687 shares of the company’s stock, valued at approximately $48,474,228. This trade represents a 9.61% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Five Star Bancorp Stock Performance

Shares of NASDAQ:FSBC opened at $47.42 on Thursday. The firm’s 50 day simple moving average is $45.95 and its 200-day simple moving average is $41.64. Five Star Bancorp has a one year low of $28.34 and a one year high of $50.26. The firm 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 announced its quarterly earnings results on Wednesday, July 22nd. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. Five Star Bancorp had a return on equity of 16.17% and a net margin of 25.92%.The firm had revenue of $47.95 million during the quarter, compared to analyst estimates of $47.72 million. Equities research analysts predict that Five Star Bancorp will post 3.55 EPS for the current fiscal year.

Five Star Bancorp Announces Dividend

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

Key Stories Impacting Five Star Bancorp

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.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Five Star Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of FSBC. T. Rowe Price Investment Management Inc. raised its holdings in shares of Five Star Bancorp by 0.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,017,380 shares of the company’s stock worth $72,182,000 after acquiring an additional 18,668 shares during the period. Vanguard Group Inc. increased 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 buying an additional 15,183 shares during the period. Adage Capital Partners GP L.L.C. raised its stake in Five Star Bancorp by 75.8% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 569,804 shares of the company’s stock valued at $20,388,000 after buying an additional 245,727 shares in the last quarter. Kennedy Capital Management LLC lifted its holdings in Five Star Bancorp by 14.8% during the 4th quarter. Kennedy Capital Management LLC now owns 438,831 shares of the company’s stock worth $15,701,000 after buying an additional 56,412 shares during the last quarter. Finally, Geode Capital Management LLC boosted 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 in the last quarter. 46.94% of the stock is owned by hedge funds and other institutional investors.

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.