New insider activity at Primis Financial ( (FRST) ) has taken place on August 6, 2025.
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Director Garrett F L has made a significant investment in Primis Financial by purchasing 1,810 shares of the company’s stock, valued at $19,946.
Recent Updates on FRST stock
Primis Financial Corp. has reported strong financial results for the second quarter of 2025, with net income rising significantly to $8.4 million from $3.4 million in the same quarter of the previous year. This growth was driven by a successful sale of a portion of its ownership in Panacea Financial Holdings, increased mortgage lending, and strategic cost reductions. The company’s digital platform also contributed to a reduction in deposit costs, enhancing financial operations. Despite these positive developments, analysts have expressed concerns about potential overvaluation and operational challenges, which weigh on the stock’s score. Primis’s strategic initiatives, including the expansion of digital platforms and mortgage services, as well as cost-saving measures, are expected to support continued growth. Additionally, the company has amended its Articles of Incorporation to remove the classified structure of its Board of Directors, effective from the 2026 annual meeting, and adopted an Omnibus Incentive Plan approved by stockholders.
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: -3.06%
Average Trading Volume: 92,601
Technical Sentiment Signal: Strong Buy
Current Market Cap: $273.9M