Southern First Bancshares, Inc. (NASDAQ:SFST) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors lessened its holdings in shares of Southern First Bancshares, Inc. (NASDAQ:SFST - Free Report) by 58.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,451 shares of the bank's stock after selling 42,583 shares during the quarter. Captrust Financial Advisors owned approximately 0.37% of Southern First Bancshares worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Barclays PLC increased its holdings in Southern First Bancshares by 47.2% in the 3rd quarter. Barclays PLC now owns 25,303 shares of the bank's stock valued at $862,000 after acquiring an additional 8,111 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Southern First Bancshares by 136.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,518 shares of the bank's stock worth $495,000 after buying an additional 8,390 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Southern First Bancshares by 43.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 44,643 shares of the bank's stock worth $1,775,000 after buying an additional 13,503 shares during the last quarter. Sheets Smith Wealth Management increased its holdings in shares of Southern First Bancshares by 3.3% in the 4th quarter. Sheets Smith Wealth Management now owns 15,191 shares of the bank's stock worth $604,000 after buying an additional 490 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of Southern First Bancshares by 35.8% in the 4th quarter. SG Americas Securities LLC now owns 4,041 shares of the bank's stock worth $161,000 after buying an additional 1,065 shares during the last quarter. Hedge funds and other institutional investors own 75.00% of the company's stock.

Southern First Bancshares Trading Down 0.3%

Southern First Bancshares stock traded down $0.09 during trading hours on Tuesday, hitting $37.37. The company had a trading volume of 950 shares, compared to its average volume of 18,165. The firm has a market cap of $305.24 million, a P/E ratio of 19.47 and a beta of 0.77. 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, Inc. has a 1 year low of $25.81 and a 1 year high of $45.91. The company has a 50-day moving average price of $33.66 and a two-hundred day moving average price of $36.93.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The bank reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.04. Southern First Bancshares had a net margin of 7.28% and a return on equity of 4.85%. The company had revenue of $26.50 million during the quarter, compared to analysts' expectations of $26.56 million. On average, sell-side analysts anticipate that Southern First Bancshares, Inc. will post 1.85 earnings per share for the current year.

Insider Buying and Selling at Southern First Bancshares

In related news, Director William Iv Maner purchased 700 shares of the business's stock in a transaction on Wednesday, May 14th. The shares were acquired at an average price of $36.15 per share, for a total transaction of $25,305.00. Following the purchase, the director now owns 2,700 shares of the company's stock, valued at $97,605. This trade represents a 35.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.06% of the stock is currently owned by company insiders.

Southern First Bancshares Profile

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.