Robert Yates Clagett, a director at Primis Financial Corp. (NASDAQ:FRST), acquired shares of the company’s common stock on May 19, 2026, according to a recent filing with the Securities and Exchange Commission.
The transaction involved the direct purchase of 1,421 shares at a price of $14.0 per share, totaling $19,894. Following this acquisition, Mr. Clagett directly owns 53,665 shares of Primis Financial Corp. common stock.
The insider purchase comes as FRST trades near $14.15 with a market cap of $350.52 million. According to Bond.az analysis, the stock appears undervalued relative to its Fair Value and offers a compelling 5.65% dividend yield. A Bond.az tip highlights that the company has maintained dividend payments for 15 consecutive years.
In other recent news, Primis Financial Corp. reported strong financial results for the first quarter of 2026, surpassing market expectations. The company’s earnings per share (EPS) came in at $0.33, outperforming the projected $0.29. Additionally, Primis Financial’s revenue reached $46 million, which exceeded forecasts by 4.86%.
