Insider Selling: USCB Financial (NASDAQ:USCB) CEO Sells $306,137.40 in Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 16,895 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $18.12, for a total transaction of $306,137.40. Following the completion of the transaction, the chief executive officer owned 242,945 shares in the company, valued at approximately $4,402,163.40. This trade represents a 6.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• 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 Price Performance

USCB Financial stock opened at $18.82 on Friday. The company has a market capitalization of $343.60 million, a price-to-earnings ratio of 13.16 and a beta of 0.53. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.91. USCB Financial Holdings, Inc. has a 12 month low of $15.56 and a 12 month high of $20.78. The stock’s 50 day moving average is $18.89 and its 200-day moving average is $18.72.

USCB Financial (NASDAQ:USCB) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.01). The firm had revenue of $26.18 million for the quarter, compared to analyst estimates of $25.95 million. USCB Financial had a return on equity of 15.44% and a net margin of 17.04%. Equities research analysts expect that USCB Financial Holdings, Inc. will post 2.02 EPS for the current year.

USCB Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.7%. USCB Financial’s dividend payout ratio (DPR) is currently 34.97%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in USCB Financial by 60.1% during the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after purchasing an additional 638 shares during the period. Russell Investments Group Ltd. increased its holdings in 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 buying an additional 883 shares during the period. PNC Financial Services Group Inc. acquired a new position in shares of USCB Financial in the 1st quarter valued at approximately $41,000. BNP Paribas Financial Markets raised its position 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 buying an additional 1,854 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of USCB Financial by 2,081.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock worth $70,000 after acquiring an additional 4,017 shares during the period. Institutional investors own 61.34% of the company’s stock.

Wall Street Analysts Forecast Growth

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

USCB Financial Company Profile

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.