Bruce Mcanally Buys 32,176 Shares of First Guaranty Bancshares (NASDAQ:FGBI) Stock

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) Director Bruce Mcanally bought 32,176 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were acquired at an average cost of $7.77 per share, with a total value of $250,007.52. Following the purchase, the director directly owned 332,536 shares of the company’s stock, valued at approximately $2,583,804.72. This represents a 10.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

First Guaranty Bancshares Stock Performance

Shares of FGBI opened at $9.20 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.99. The business’s 50 day moving average price is $8.73 and its 200-day moving average price is $7.40. First Guaranty Bancshares, Inc. has a 52 week low of $4.31 and a 52 week high of $10.55. The stock has a market cap of $145.27 million, a P/E ratio of -2.37 and a beta of 0.32.

First Guaranty Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were paid a dividend of $0.01 per share. The ex-dividend date was Friday, March 27th. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. First Guaranty Bancshares’s payout ratio is presently -1.03%.

Hedge Funds Weigh In On First Guaranty Bancshares

Hedge funds have recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in First Guaranty Bancshares by 135.6% in the 4th quarter. Barclays PLC now owns 11,478 shares of the bank’s stock worth $62,000 after acquiring an additional 6,606 shares during the last quarter. Renaissance Technologies LLC boosted its stake in First Guaranty Bancshares by 60.1% during the 4th quarter. Renaissance Technologies LLC now owns 28,347 shares of the bank’s stock valued at $152,000 after purchasing an additional 10,641 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of First Guaranty Bancshares by 8.8% in the 1st quarter. Empowered Funds LLC now owns 46,048 shares of the bank’s stock worth $355,000 after purchasing an additional 3,742 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in shares of First Guaranty Bancshares by 11.1% in the 1st quarter. Acadian Asset Management LLC now owns 49,565 shares of the bank’s stock worth $379,000 after purchasing an additional 4,956 shares in the last quarter. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting First Guaranty Bancshares

Here are the key news stories impacting First Guaranty Bancshares this week:

• Positive Sentiment: Multiple directors bought stock — Director Bruce McAnally acquired 32,176 shares at $7.77 (added ~10.7% to his position; now owns 332,536 shares). Read More.
• Positive Sentiment: Large insider buy — Director Edgar R. Smith III purchased 138,083 shares at $7.77 (a ~25.7% increase in his stake), signaling strong insider conviction. Read More.
• Positive Sentiment: Another director, Marshall T. Reynolds, acquired 32,176 shares at $7.77 (increasing his holdings to ~2.03M shares). Insider accumulation across multiple directors is a supportive signal for investors. Read More.
• Neutral Sentiment: Institutional tweaks — Several funds (Barclays, Renaissance Technologies, Empowered Funds, Acadian) increased positions modestly in recent quarters; institutions now own ~39.5% of shares. This is steady but not a major shift. Read More.
• Neutral Sentiment: Dividend paid — The company paid a $0.01 quarterly dividend (annualized $0.04; ~0.4% yield). It’s a positive income signal but very small relative to valuation drivers. Read More.
• Negative Sentiment: Technical headwind — A note flagged the share price crossing below the 50‑day moving average, which can prompt technical selling or caution among momentum traders. Read More.
• Negative Sentiment: Mixed analyst view — Coverage is thin and skewed to negative (MarketBeat lists an average “Reduce” / sell-oriented stance), which may limit buy‑side momentum until fundamentals or coverage change. Read More.

Analyst Ratings Changes

Several brokerages have recently weighed in on FGBI. Weiss Ratings restated a “sell (d)” rating on shares of First Guaranty Bancshares in a report on Thursday, January 22nd. Zacks Research upgraded shares of First Guaranty Bancshares from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, First Guaranty Bancshares currently has an average rating of “Reduce”.

About First Guaranty Bancshares

First Guaranty Bancshares, Inc is a financial holding company headquartered in Hammond, Louisiana. Through its principal subsidiary, First Guaranty Bank, the company provides a diversified range of commercial and retail banking services. Founded in 1932, First Guaranty Bancshares has grown from a community mutual bank into a publicly traded institution listed on the Nasdaq under the ticker FGBI.

The company’s core business activities encompass traditional deposit products and lending solutions.