Five Star Bancorp (NASDAQ:FSBC) COO Lydia Ann Ramirez-Medina Sells 825 Shares

Key Points

• Lydia Ann Ramirez-Medina, COO of Five Star Bancorp, sold 825 shares of the company's stock for a total of $25,525.50, reducing her position by 6.45%.
• Five Star Bancorp reported $0.68 EPS for the last quarter, beating analyst estimates, and declared a quarterly dividend of $0.20, offering a yield of 2.6%.
• Analysts have set a consensus price target of $35.00 for Five Star Bancorp, with ratings ranging from "buy" to "hold" by various research firms.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) COO Lydia Ann Ramirez-Medina sold 825 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $30.94, for a total value of $25,525.50. Following the completion of the sale, the chief operating officer owned 11,960 shares of the company's stock, valued at approximately $370,042.40. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Lydia Ann Ramirez-Medina also recently made the following trade(s):

• On Thursday, June 5th, Lydia Ann Ramirez-Medina sold 600 shares of Five Star Bancorp stock. The stock was sold at an average price of $27.43, for a total value of $16,458.00.

Five Star Bancorp Stock Performance

Shares of FSBC traded up $1.39 on Friday, reaching $32.61. The stock had a trading volume of 70,963 shares, compared to its average volume of 34,379. The firm has a market capitalization of $696.88 million, a price-to-earnings ratio of 13.31 and a beta of 0.51. The company has a 50-day simple moving average of $29.78 and a 200-day simple moving average of $28.84. Five Star Bancorp has a 12-month low of $22.22 and a 12-month high of $35.13.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.03. The company had revenue of $38.33 million during the quarter, compared to analysts' expectations of $37.60 million. Five Star Bancorp had a return on equity of 12.89% and a net margin of 22.14%. On average, analysts expect that Five Star Bancorp will post 2.63 EPS for the current fiscal year.

Five Star Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Monday, August 4th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, August 4th. Five Star Bancorp's dividend payout ratio (DPR) is presently 32.65%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of Five Star Bancorp by 153.1% in the fourth quarter. JPMorgan Chase & Co. now owns 59,456 shares of the company's stock worth $1,789,000 after purchasing an additional 35,967 shares during the last quarter. Invesco Ltd. raised its stake in shares of Five Star Bancorp by 1.2% in the fourth quarter. Invesco Ltd. now owns 346,651 shares of the company's stock worth $10,431,000 after purchasing an additional 4,004 shares during the last quarter. Barclays PLC raised its stake in shares of Five Star Bancorp by 12.4% in the fourth quarter. Barclays PLC now owns 28,235 shares of the company's stock worth $850,000 after purchasing an additional 3,123 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Five Star Bancorp by 9.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 177,091 shares of the company's stock worth $5,329,000 after purchasing an additional 14,885 shares during the last quarter. Finally, MetLife Investment Management LLC raised its stake in shares of Five Star Bancorp by 8.9% in the fourth quarter. MetLife Investment Management LLC now owns 10,030 shares of the company's stock worth $302,000 after purchasing an additional 822 shares during the last quarter. Hedge funds and other institutional investors own 46.94% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on FSBC shares. DA Davidson raised their target price on Five Star Bancorp from $37.00 to $39.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Raymond James Financial lowered their target price on Five Star Bancorp from $35.00 to $31.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Citigroup restated an "outperform" rating on shares of Five Star Bancorp in a research note on Wednesday, April 30th. Finally, Keefe, Bruyette & Woods raised their target price on Five Star Bancorp from $32.00 to $33.00 and gave the company a "market perform" rating in a research note on Monday, July 28th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $35.00.

Five Star Bancorp Company Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.