Insider Selling: First US Bancshares, Inc. (NASDAQ:FUSB) EVP Sells $50,540.35 in Stock

First US Bancshares, Inc. (NASDAQ:FUSB) EVP Eric H. Mabowitz sold 5,131 shares of the business’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $9.85, for a total transaction of $50,540.35. Following the completion of the sale, the executive vice president now directly owns 10,242 shares of the company’s stock, valued at $100,883.70. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

First US Bancshares Price Performance

First US Bancshares stock opened at $9.88 on Friday. The stock has a market cap of $57.21 million, a price-to-earnings ratio of 7.37 and a beta of 0.91. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.92 and a quick ratio of 0.92. First US Bancshares, Inc. has a 1 year low of $7.95 and a 1 year high of $11.19. The firm has a 50-day moving average of $9.99 and a two-hundred day moving average of $9.93.

First US Bancshares (NASDAQ:FUSB) last released its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. The company had revenue of $9.91 million during the quarter. First US Bancshares had a net margin of 14.55% and a return on equity of 9.57%.

First US Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Friday, June 7th were given a $0.05 dividend. The ex-dividend date was Friday, June 7th. This represents a $0.20 annualized dividend and a yield of 2.02%. First US Bancshares’s dividend payout ratio (DPR) is 14.93%.

Institutional Investors Weigh In On First US Bancshares

A hedge fund recently raised its stake in First US Bancshares stock. Gendell Jeffrey L lifted its holdings in First US Bancshares, Inc. (NASDAQ:FUSB) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 291,981 shares of the financial services provider’s stock after purchasing an additional 2,290 shares during the period. Gendell Jeffrey L owned about 4.97% of First US Bancshares worth $3,010,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 18.74% of the company’s stock.

About First US Bancshares

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.