Robert Truxtun Perry-Smith Buys 31,363 Shares of Five Star Bancorp (NASDAQ:FSBC) Stock

Five Star Bancorp (NASDAQ:FSBC) Director Robert Truxtun Perry-Smith bought 31,363 shares of the company’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was purchased at an average cost of $44.00 per share, for a total transaction of $1,379,972.00. Following the transaction, the director owned 258,898 shares in the company, valued at $11,391,512. The trade was a 13.78% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Five Star Bancorp Stock Down 0.9%

NASDAQ:FSBC opened at $47.42 on Thursday. Five Star Bancorp has a twelve month low of $28.34 and a twelve month high of $50.26. The business has a 50 day moving average price of $45.95 and a two-hundred day moving average price of $41.64. The company has a market cap of $1.01 billion, a P/E ratio of 14.03 and a beta of 0.53.

Five Star Bancorp (NASDAQ:FSBC) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.05. Five Star Bancorp had a net margin of 25.92% and a return on equity of 16.17%. The company had revenue of $47.95 million during the quarter, compared to analysts’ expectations of $47.72 million. As a group, analysts anticipate that Five Star Bancorp will post 3.55 earnings per share for the current fiscal year.

Five Star Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Monday, August 3rd will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.1%. Five Star Bancorp’s dividend payout ratio (DPR) is 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.

Institutional Trading of Five Star Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Adage Capital Partners GP L.L.C. lifted 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 acquiring an additional 245,727 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Five Star Bancorp by 4,770.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 58,742 shares of the company’s stock worth $1,892,000 after acquiring an additional 57,536 shares during the last quarter. Kennedy Capital Management LLC boosted its holdings in shares of 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 period. Deprince Race & Zollo Inc. grew its position in shares of Five Star Bancorp by 81.1% during the 4th quarter. Deprince Race & Zollo Inc. now owns 124,338 shares of the company’s stock worth $4,449,000 after purchasing an additional 55,698 shares in the last quarter. Finally, Inspire Investing LLC grew its position in Five Star Bancorp by 348.0% during the first quarter. Inspire Investing LLC now owns 58,627 shares of the company’s stock worth $2,211,000 after buying an additional 45,541 shares in the last quarter. 46.94% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on FSBC shares. Weiss Ratings restated a “buy (b)” rating on shares of Five Star Bancorp in a research note on Monday, June 1st. DA Davidson lifted their target price on Five Star Bancorp from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Wednesday. Keefe, Bruyette & Woods upped their target price on Five Star Bancorp from $41.00 to $43.00 and gave the stock a “market perform” rating in a report on Friday, May 1st. Finally, Stephens set a $51.00 target price on Five Star Bancorp in a report on Monday. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.20.

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.