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Simmons First National Corp (NASDAQ:SFNC) Chairman and CEO George Makris Jr. acquired 45,975 shares of the company’s common stock on July 23, 2025, at a price of $18.50 per share. The total value of the purchase was $844,062. The purchase price represents a slight discount to the current trading price of $19.66, with InvestingPro data showing analysts have set price targets ranging from $21 to $24.
The transactions involved the purchase of shares directly and indirectly through trusts and individual retirement accounts (IRAs), including those of Mr. Makris’ spouse. Specifically, 17,550 shares were bought directly, 17,550 by trust, 2,425 by IRA, 2,700 by IRA (Spouse), and 5,400 by Trust. The $2.8 billion market cap company has maintained dividend payments for 52 consecutive years, with 13 years of consecutive dividend increases, according to InvestingPro analysis.
Following these transactions, Mr. Makris directly owns 651,703 shares of Simmons First National Corp. The company currently maintains a "FAIR" Financial Health score according to InvestingPro, which offers comprehensive insider trading analysis and additional ProTips in its detailed research reports.
In other recent news, Simmons First National Corporation reported its financial results for the second quarter of 2025, achieving an earnings per share (EPS) of $0.44, surpassing analysts’ expectations of $0.39. Despite the EPS beat, the company experienced a slight revenue miss, with actual revenue at $214.2 million, falling short of the projected $217.01 million. Additionally, Simmons First National priced a public offering of 16.22 million shares of its Class A common stock at $18.50 per share, raising approximately $300.07 million. The company also provided underwriters a 30-day option to purchase up to an additional 2.43 million shares at the same price.
Moody’s Ratings confirmed Simmons First National Corporation’s Baa2 long-term local currency issuer rating, with a stable outlook. The rating agency also confirmed the Baa2 long-term local currency issuer rating and baa1 baseline credit assessment of Simmons Bank, its banking subsidiary. Meanwhile, DA Davidson raised its price target on Simmons First National to $21.00 from $19.00, maintaining a Neutral rating. The firm noted that Simmons First National’s second-quarter results exceeded expectations, with stronger revenue from both spread and fees, lower expenses, and a reduced provision.
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