Simmons First National Corporation (NASDAQ:SFNC) Director Russell William Teubner sold 4,334 shares of Simmons First National Corporation stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $55.69, for a total transaction of $241,360.46. Following the transaction, the director now directly owns 705 shares of the company’s stock, valued at $39,261.45. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Simmons First National Corporation (SFNC) opened at $55.80 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.47. The stock has a market cap of $2,553.63, a price-to-earnings ratio of 16.73 and a beta of 1.16. Simmons First National Corporation has a twelve month low of $49.75 and a twelve month high of $67.00.

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Several equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Simmons First National Corporation from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Tuesday, August 22nd. Stephens set a $64.00 price objective on shares of Simmons First National Corporation and gave the stock a “buy” rating in a research note on Tuesday, August 15th. Piper Jaffray Companies restated a “neutral” rating and set a $60.00 price target on shares of Simmons First National Corporation in a research note on Thursday, October 5th. Sandler O’Neill restated a “hold” rating and set a $62.00 price target on shares of Simmons First National Corporation in a research note on Tuesday, October 24th. Finally, BidaskClub downgraded shares of Simmons First National Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $62.40.

Institutional investors and hedge funds have recently bought and sold shares of the business. Riverhead Capital Management LLC lifted its holdings in Simmons First National Corporation by 63.9% during the second quarter. Riverhead Capital Management LLC now owns 2,131 shares of the bank’s stock valued at $113,000 after purchasing an additional 831 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Simmons First National Corporation by 17.6% during the second quarter. Victory Capital Management Inc. now owns 3,182 shares of the bank’s stock valued at $168,000 after purchasing an additional 476 shares in the last quarter. Amalgamated Bank lifted its holdings in Simmons First National Corporation by 3.8% during the second quarter. Amalgamated Bank now owns 4,122 shares of the bank’s stock valued at $218,000 after purchasing an additional 151 shares in the last quarter. Aperio Group LLC purchased a new position in Simmons First National Corporation during the second quarter valued at $234,000. Finally, Ifrah Financial Services Inc. purchased a new position in Simmons First National Corporation during the third quarter valued at $246,000. 51.33% of the stock is currently owned by institutional investors and hedge funds.

Simmons First National Corporation Company Profile

Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri, Tennessee, Colorado, Oklahoma and Texas.

Insider Buying and Selling by Quarter for Simmons First National Corporation (NASDAQ:SFNC)

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