Heavy insider buying at >2% of market cap is a strong bullish signal, typically indicating confidence in the company's near-term prospects. Monitor for further buying or positive catalysts such as improved net interest margin trends.
Price Chart
Executive Summary
Three directors of First Guaranty Bancshares (FGBI) purchased a total of $3.0M in open-market shares on April 30, 2026, representing approximately 2.1% of market cap. This material insider buying follows the company's Q1 2026 earnings report, which showed a net income turnaround but continued revenue decline.
Key Financial Metrics
Key Facts
- Three directors each purchased 109,051 shares at $9.17, totaling $3.0M
- Total insider buying represents ~2.1% of FGBI's $142M market cap
- Purchases occurred 8 days after Q1 2026 earnings (net income of $2.7M vs -$6.2M YoY)
- No C-suite insiders participated; all buyers are directors
- Recent 30-day insider activity includes $3.0M in purchases (all from this cluster)
Financial Impact
$3.0M in open-market purchases, representing 2.1% of market cap
Risk Factors
- Net interest margin continues to compress (2.07% vs 2.35% a year ago)
- Revenue declined 6.9% YoY; earnings turnaround may not be sustainable
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FGBI-1778011742066 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 11w ago | 8-K | $9.40 | awaiting T+60 | — | $8.79 (−6.49%) |
Jul 28, 2026 13w ago | Press Release | $9.64 $8.22 | ▼ −14.73% | ▼ −19.08% | $8.79 (−8.82%) |
Apr 30, 2026 25w ago | Insider Cluster | $9.48 $9.36 | ▼ −1.27% | ▼ −4.37% | $8.79 (−7.28%) |
Mar 10, 2026 32w ago | 8-K | $8.37 $9.47 | ▲ +13.14% | ▲ +1.62% | $8.79 (+5.02%) |
US Market Status
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