First Capital (NASDAQ:FCAP) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• First Capital (NASDAQ:FCAP) shares recently surpassed their 200-day moving average of $41.70, trading as high as $43.45, indicating potential positive momentum in the stock.
• The company announced a quarterly dividend of $0.31 per share, an increase from the previous dividend of $0.29, reflecting a commitment to return value to shareholders.
• Insider transactions included Director Kathy Ernstberger purchasing 972 shares, increasing her ownership by 38.46%, which may signal confidence in the company's future performance.

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $41.70 and traded as high as $43.45. First Capital shares last traded at $43.45, with a volume of 3,215 shares traded.

First Capital Stock Down 0.9%

The firm's 50 day simple moving average is $39.46 and its 200-day simple moving average is $41.70. The company has a market capitalization of $145.99 million, a PE ratio of 11.03 and a beta of 0.65.

First Capital (NASDAQ:FCAP - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The savings and loans company reported $1.13 earnings per share (EPS) for the quarter. First Capital had a net margin of 21.45% and a return on equity of 11.23%. The company had revenue of $12.43 million during the quarter.

First Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be paid a dividend of $0.31 per share. This is an increase from First Capital's previous quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, September 12th. First Capital's payout ratio is presently 29.44%.

Insider Transactions at First Capital

In other First Capital news, Director Kathy Ernstberger acquired 972 shares of the firm's stock in a transaction on Friday, August 29th. The stock was bought at an average cost of $41.10 per share, for a total transaction of $39,949.20. Following the completion of the purchase, the director directly owned 3,499 shares in the company, valued at $143,808.90. This represents a 38.46% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.01% of the stock is currently owned by corporate insiders.

Institutional Trading of First Capital

Large investors have recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey acquired a new stake in First Capital in the second quarter valued at approximately $28,000. CWM LLC acquired a new stake in First Capital in the second quarter valued at approximately $31,000. Farther Finance Advisors LLC acquired a new stake in First Capital in the second quarter valued at approximately $44,000. JPMorgan Chase & Co. grew its position in First Capital by 30,940.0% in the second quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company's stock valued at $64,000 after acquiring an additional 1,547 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in First Capital in the second quarter valued at approximately $74,000. Institutional investors and hedge funds own 11.65% of the company's stock.

First Capital Company Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.

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