Insider Selling: USCB Financial (NASDAQ:USCB) CEO Sells $96,447.33 in Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 5,279 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $18.27, for a total value of $96,447.33. Following the transaction, the chief executive officer directly owned 242,945 shares of the company’s stock, valued at approximately $4,438,605.15. The trade was a 2.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

La Aguilera Luis De also recently made the following trade(s):

• On Thursday, May 14th, La Aguilera Luis De sold 22,883 shares of USCB Financial stock. The stock was sold at an average price of $18.20, for a total value of $416,470.60.
• On Wednesday, May 13th, La Aguilera Luis De sold 19,947 shares of USCB Financial stock. The stock was sold at an average price of $18.06, for a total value of $360,242.82.
• On Thursday, May 7th, La Aguilera Luis De sold 10,005 shares of USCB Financial stock. The stock was sold at an average price of $18.14, for a total value of $181,490.70.
• On Tuesday, May 5th, La Aguilera Luis De sold 16,895 shares of USCB Financial stock. The stock was sold at an average price of $18.12, for a total value of $306,137.40.
• On Wednesday, May 6th, La Aguilera Luis De sold 13,100 shares of USCB Financial stock. The stock was sold at an average price of $18.16, for a total value of $237,896.00.

USCB Financial Stock Down 2.1%

Shares of USCB opened at $17.95 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.93 and a current ratio of 0.91. USCB Financial Holdings, Inc. has a one year low of $15.56 and a one year high of $20.78. The stock has a market capitalization of $327.84 million, a price-to-earnings ratio of 12.55 and a beta of 0.53. The stock has a 50 day moving average price of $18.77 and a 200 day moving average price of $18.76.

USCB Financial (NASDAQ:USCB) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). USCB Financial had a return on equity of 15.37% and a net margin of 17.04%.The firm had revenue of $26.18 million for the quarter, compared to analysts’ expectations of $25.95 million. Equities research analysts forecast that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current fiscal year.

USCB Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, May 15th. USCB Financial’s payout ratio is presently 34.97%.

Hedge Funds Weigh In On USCB Financial

Several large investors have recently modified their holdings of USCB. NewEdge Advisors LLC lifted its stake in shares of USCB Financial by 60.1% in the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock valued at $31,000 after purchasing an additional 638 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of USCB Financial by 66.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock valued at $39,000 after purchasing an additional 883 shares during the last quarter. PNC Financial Services Group Inc. acquired a new position in shares of USCB Financial in the 1st quarter valued at $41,000. BNP Paribas Financial Markets lifted its stake in shares of USCB Financial by 100.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock valued at $65,000 after purchasing an additional 1,854 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of USCB Financial by 2,081.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock valued at $70,000 after purchasing an additional 4,017 shares during the last quarter. Institutional investors and hedge funds own 61.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on USCB. Wall Street Zen upgraded USCB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Hovde Group boosted their price target on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research report on Monday, April 27th. Zacks Research upgraded USCB Financial from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. Piper Sandler upped their target price on USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $22.00.

About USCB Financial

USCB Financial (NASDAQ: USCB) is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.

The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.