Insider Selling: USCB Financial (NASDAQ:USCB) CEO Sells 4,931 Shares of Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 4,931 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $18.01, for a total transaction of $88,807.31. Following the sale, the chief executive officer directly owned 242,945 shares of the company’s stock, valued at approximately $4,375,439.45. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Wednesday, May 20th, La Aguilera Luis De sold 36,826 shares of USCB Financial stock. The stock was sold at an average price of $18.15, for a total transaction of $668,391.90.
• On Friday, May 15th, La Aguilera Luis De sold 805 shares of USCB Financial stock. The shares were sold at an average price of $18.05, for a total transaction of $14,530.25.
• On Monday, May 18th, La Aguilera Luis De sold 2,485 shares of USCB Financial stock. The shares were sold at an average price of $18.06, for a total value of $44,879.10.
• On Thursday, May 14th, La Aguilera Luis De sold 22,883 shares of USCB Financial stock. The shares were 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 Monday, May 11th, La Aguilera Luis De sold 5,279 shares of USCB Financial stock. The shares were sold at an average price of $18.27, for a total value of $96,447.33.
• On Thursday, May 7th, La Aguilera Luis De sold 10,005 shares of USCB Financial stock. The shares were 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 shares were sold at an average price of $18.16, for a total value of $237,896.00.

USCB Financial Stock Down 1.1%

Shares of USCB Financial stock traded down $0.21 on Thursday, hitting $18.21. 57,388 shares of the company’s stock traded hands, compared to its average volume of 54,030. USCB Financial Holdings, Inc. has a 52-week low of $15.56 and a 52-week high of $20.78. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.41. The stock has a market cap of $332.42 million, a P/E ratio of 12.73 and a beta of 0.53. The firm’s 50-day moving average is $18.75 and its 200 day moving average is $18.78.

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

USCB Financial Dividend Announcement

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On USCB Financial

Several institutional investors and hedge funds have recently bought and sold shares of USCB. NewEdge Advisors LLC lifted its holdings in USCB Financial by 60.1% in the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after acquiring an additional 638 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in USCB Financial by 66.2% in the third quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock valued at $39,000 after acquiring an additional 883 shares during the period. PNC Financial Services Group Inc. bought a new position in shares of USCB Financial during the first quarter valued at approximately $41,000. BNP Paribas Financial Markets grew its holdings in shares of USCB Financial by 100.3% during the third 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 raised its position 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 purchasing an additional 4,017 shares during the period. Institutional investors and hedge funds own 61.34% of the company’s stock.

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.