Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of FB Financial Corporation (NYSE:FBK). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in FB Financial stock on January 15th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.
FB Financial Price Performance
Shares of FB Financial stock traded up $0.21 on Tuesday, reaching $59.21. 144,967 shares of the company were exchanged, compared to its average volume of 273,790. The stock’s 50 day moving average price is $58.36 and its 200-day moving average price is $55.48. FB Financial Corporation has a 1-year low of $38.83 and a 1-year high of $62.37. The company has a market cap of $3.17 billion, a P/E ratio of 24.65 and a beta of 1.00.
FB Financial Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th will be given a $0.21 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $0.84 dividend on an annualized basis and a yield of 1.4%. This is an increase from FB Financial’s previous quarterly dividend of $0.19. FB Financial’s dividend payout ratio is 35.00%.
Insider Buying and Selling at FB Financial
In other news, major shareholder James Austin Mcpherson sold 8,500 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $60.06, for a total value of $510,510.00. Following the completion of the transaction, the insider owned 9,484 shares in the company, valued at $569,609.04. This trade represents a 47.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.90% of the stock is currently owned by corporate insiders.
Institutional Trading of FB Financial
Several hedge funds and other institutional investors have recently made changes to their positions in FBK. Northwestern Mutual Wealth Management Co. boosted its holdings in FB Financial by 1,690,485.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,127,583 shares of the financial services provider’s stock valued at $174,519,000 after purchasing an additional 3,127,398 shares in the last quarter. Deprince Race & Zollo Inc. acquired a new stake in FB Financial in the third quarter valued at $48,674,000. Loomis Sayles & Co. L P boosted its position in shares of FB Financial by 220.6% during the 4th quarter. Loomis Sayles & Co. L P now owns 974,715 shares of the financial services provider’s stock worth $54,389,000 after purchasing an additional 670,691 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of FB Financial during the 3rd quarter worth $35,534,000. Finally, William Blair Investment Management LLC purchased a new position in FB Financial in the fourth quarter valued at about $26,963,000. Hedge funds and other institutional investors own 65.40% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently weighed in on FBK. Weiss Ratings reissued a “hold (c)” rating on shares of FB Financial in a research report on Thursday, January 22nd. Wall Street Zen raised FB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, November 16th. Finally, Piper Sandler downgraded FB Financial from an “overweight” rating to a “neutral” rating and increased their price objective for the company from $63.00 to $65.00 in a report on Friday, January 23rd. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, FB Financial has an average rating of “Moderate Buy” and an average price target of $61.20.
Read Our Latest Stock Analysis on FBK
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
FB Financial Company Profile
FB Financial Corporation, through its banking subsidiary FirstBank, is a Tennessee-based bank holding company that provides a broad range of financial services to individuals, small and medium-sized businesses, and commercial clients. Established to serve the banking needs of communities across the southeastern United States, the company’s core offerings include consumer and commercial deposit products, commercial lending, and mortgage services.
In addition to traditional checking and savings accounts, FB Financial’s service portfolio encompasses treasury and cash management, equipment financing, and letters of credit to support the working capital and expansion needs of business customers.
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