The cluster is too small in dollar terms to signal a material change in outlook. Monitor next 10-Q for any shift in insider behavior, particularly if C-suite selling accelerates. The Q2 earnings were neutral, and the small sells likely reflect routine diversification or tax planning.
Price Chart
Executive Summary
A mixed insider cluster at Business First Bancshares (BFST) shows one director buying $47K while three insiders (including EVP&COO and two directors) sold a combined $516K over a 7-day window following Q2 earnings. Total insider selling of $516K represents just 0.05% of the $1.0B market cap, making the cluster economically trivial. The small dollar amounts and mixed direction suggest routine portfolio adjustments rather than a coordinated signal.
Key Financial Metrics
Key Facts
- 4 insiders traded in a 7-day window (July 28 – August 3, 2026): 1 buy ($47K) and 3 sells ($516K total)
- Largest sell was Director Cummings George W. III: 10,000 shares at $31.87 ($319K) on August 3
- EVP&COO Mansfield Keith sold 4,200 shares at $32.08 ($135K) on July 30
- Total insider selling of $516K is only 0.05% of BFST's $1.0B market cap
- Q2 2026 earnings (reported July 23) showed flat GAAP EPS of $0.70 and core EPS growth of 7.6% YoY — results were in line with consensus
Financial Impact
Total insider sales of $516K represent 0.05% of market cap — immaterial
Risk Factors
- Insider selling could increase if management sees headwinds from deposit outflows or loan portfolio shrinkage
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BFST-1786004163153 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Press Release | $31.82 $31.87 | ▼ −0.16% | ▲ +0.40% | $31.87 (−0.16%) |
Oct 26, 2026 1d ago | 8-K | $31.82 $31.87 | ▼ −0.16% | ▲ +0.40% | $31.87 (−0.16%) |
Oct 1, 2026 25d ago | Press Release | $30.90 $30.87 | ▼ −0.10% | ▼ −0.77% | $31.87 (+3.14%) |
Aug 12, 2026 10w ago | Institutional Cluster | $32.28 $32.12 | ▼ −0.50% | ▼ −0.30% | $31.87 (−1.27%) |
Aug 7, 2026 11w ago | Insider Cluster | $31.54 $31.98 | ▲ +1.40% | ▲ +1.71% | $31.87 (+1.05%) |
Aug 7, 2026 11w ago | Insider Cluster | $31.54 $31.98 | ▲ +1.40% | ▲ +1.71% | $31.87 (+1.05%) |
Aug 6, 2026 11w ago | Insider Cluster | $31.66 $31.54 | ▼ −0.38% | ▼ −0.35% | $31.87 (+0.66%) |
Aug 5, 2026 11w ago | Insider Cluster | $31.71 $31.66 | ▼ −0.16% | ▼ −0.77% | $31.87 (+0.50%) |
Jul 31, 2026 12w ago | Insider Cluster | $31.92 $32.07 | ▲ +0.47% | ▼ −1.33% | $31.87 (−0.16%) |
Jul 30, 2026 12w ago | Insider Cluster | $31.82 $31.92 | ▲ +0.31% | ▼ −1.11% | $31.87 (+0.16%) |
US Market Status
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