Charles Austin Robbins, Jr. Acquires 14,000 Shares of First Carolina Financial Services (NYSE:FCBM) Stock

First Carolina Financial Services, Inc. (NYSE:FCBM) Director Charles Austin Robbins, Jr. purchased 14,000 shares of First Carolina Financial Services stock in a transaction on Thursday, June 18th. The shares were acquired at an average cost of $12.50 per share, with a total value of $175,000.00. Following the completion of the transaction, the director directly owned 369,492 shares in the company, valued at $4,618,650. The trade was a 3.94% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

First Carolina Financial Services Stock Performance

Shares of NYSE FCBM opened at $12.71 on Wednesday. First Carolina Financial Services, Inc. has a 12 month low of $12.51 and a 12 month high of $13.25.

First Carolina Financial Services News Roundup

Here are the key news stories impacting First Carolina Financial Services this week:

• Positive Sentiment: Multiple members of First Carolina Financial Services’ leadership and board bought shares in open-market transactions, including CEO Ronald Arvin Day, CFO Steven G. Deaton, COO Kristen Dawn Brabble, and several directors. This broad-based buying suggests insider confidence in the company’s outlook. CEO Ronald Arvin Day purchase filing
• Positive Sentiment: Notable larger purchases included Director Gregory Everette Floyd, Director John Walter Gussenhoven, Director James A. Lucas, Jr., and Director Charles Austin Robbins, Jr., each buying thousands of shares. Large insider purchases can reinforce the market’s view that management believes the stock is undervalued. Director Gregory Everette Floyd purchase filing
• Positive Sentiment: Insider Patrick Wayne Pritchard also bought shares, adding to the cluster of recent purchases and extending the signal of insider alignment with shareholders. Insider Patrick Wayne Pritchard purchase filing
• Neutral Sentiment: The filings show the shares were bought at roughly the same price, around $12.50 per share, but there was no accompanying earnings report, guidance update, or operational announcement to explain the move. SEC filings