Anna T. Locke Purchases 360 Shares of Southern First Bancshares, Inc. (NASDAQ:SFST) Stock

Southern First Bancshares, Inc. (NASDAQ:SFST) Director Anna T. Locke bought 360 shares of Southern First Bancshares stock in a transaction dated Monday, February 10th. The shares were bought at an average cost of $37.01 per share, for a total transaction of $13,323.60. Following the completion of the transaction, the director now owns 2,582 shares of the company’s stock, valued at approximately $95,559.82. This trade represents a 16.20 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Southern First Bancshares Stock Performance

Shares of NASDAQ:SFST opened at $35.68 on Friday. The firm has a market cap of $291.15 million, a PE ratio of 18.58 and a beta of 0.83. The firm’s 50 day simple moving average is $38.17 and its 200-day simple moving average is $36.83. Southern First Bancshares, Inc. has a one year low of $24.98 and a one year high of $45.90. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.09 and a current ratio of 1.09.

Southern First Bancshares (NASDAQ:SFST) last issued its earnings results on Thursday, January 30th. The bank reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.29. Southern First Bancshares had a net margin of 7.28% and a return on equity of 4.85%. As a group, equities analysts predict that Southern First Bancshares, Inc. will post 1.85 EPS for the current year.

Hedge Funds Weigh In On Southern First Bancshares

A number of institutional investors have recently modified their holdings of SFST. SG Americas Securities LLC purchased a new position in Southern First Bancshares during the third quarter valued at approximately $101,000. Foster Victor Wealth Advisors LLC increased its holdings in Southern First Bancshares by 3.1% during the third quarter. Foster Victor Wealth Advisors LLC now owns 10,295 shares of the bank’s stock valued at $351,000 after buying an additional 312 shares during the period. Assenagon Asset Management S.A. increased its holdings in Southern First Bancshares by 10.1% during the third quarter. Assenagon Asset Management S.A. now owns 31,140 shares of the bank’s stock valued at $1,061,000 after buying an additional 2,860 shares during the period. Empowered Funds LLC increased its holdings in Southern First Bancshares by 4.9% during the third quarter. Empowered Funds LLC now owns 14,430 shares of the bank’s stock valued at $492,000 after buying an additional 670 shares during the period. Finally, Princeton Capital Management LLC purchased a new position in Southern First Bancshares during the third quarter valued at approximately $204,000. 75.00% of the stock is owned by hedge funds and other institutional investors.

About Southern First Bancshares

Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.