New insider activity at Primis Financial ( (FRST) ) has taken place on August 7, 2025.
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Director Garrett F L has made a significant move by purchasing 2,261 shares of Primis Financial stock, with the transaction valued at $25,029.
Recent Updates on FRST stock
Primis Financial Corp. recently reported strong financial results for the second quarter of 2025, with net income rising to $8.4 million from $3.4 million in the same quarter of 2024. The company’s growth was driven by a successful sale of a portion of its ownership in Panacea Financial Holdings, increased mortgage lending, and strategic cost reductions. Primis is focusing on expanding its digital platforms and mortgage services, which have shown significant promise. Despite facing challenges with consumer program volatility and potential loan growth moderation, Primis is well-positioned for continued growth, supported by cost-saving measures and a robust market position in specialized banking services. Analysts have noted the company’s strong technical momentum and strategic growth initiatives, although concerns about overvaluation and operational challenges remain.
Spark’s Take on FRST Stock
According to Spark, TipRanks’ AI Analyst, FRST is a Neutral.
Primis Financial’s overall stock score reflects a mix of strengths and challenges. The most significant factor is its earnings call, which highlighted strong net income and strategic growth initiatives. Technical analysis provides a supportive backdrop with positive momentum. Financial performance remains a concern due to declining margins and equity, but strategic management could improve long-term stability. Valuation and corporate events contribute positively, but the high P/E ratio needs to be monitored.
To see Spark’s full report on FRST stock, click here.
More about Primis Financial
YTD Price Performance: -3.32%
Average Trading Volume: 92,406
Technical Sentiment Signal: Strong Buy
Current Market Cap: $273.9M