Envirotech Vehicles appoints Jason Maddox to board of directors
Director Garrett F L III of Primis Financial Corp (NASDAQ:FRST), a $273 million regional bank currently trading at a P/E ratio of 30.4x, acquired 2,261 shares of common stock on August 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission. InvestingPro analysis indicates the stock is slightly overvalued at current levels.
The shares were purchased at a weighted average price of $11.07, in a series of transactions ranging from $11.05 to $11.10, for a total value of $25,029. The stock, which offers a 3.6% dividend yield and has maintained dividend payments for 14 consecutive years, currently trades below analyst targets ranging from $12.75 to $14.00.
Following the transaction, Garrett directly owns 45,240 shares of Primis Financial, which includes 2,884 shares held in an IRA. For more detailed insights and additional ProTips about FRST, including growth prospects and financial health metrics, visit InvestingPro.
In other recent news, Primis Financial Corp. reported stronger-than-expected earnings for the second quarter of 2025. The company achieved earnings per share of $0.34, significantly surpassing the forecasted $0.21 by 61.9%. Revenue also exceeded expectations, totaling $43.5 million compared to the anticipated $38.88 million, marking an 11.88% surprise. These developments indicate a positive performance for Primis Financial during this period. The earnings announcement reflects a cautious yet optimistic investor sentiment. Such results are crucial for investors who rely on earnings and revenue data to assess company performance.
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