Simmons First National Corporation (NASDAQ:SFNC) EVP Barry K. Ledbetter sold 1,900 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $57.37, for a total value of $109,003.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Simmons First National Corporation (SFNC) traded up $0.45 on Friday, hitting $57.80. The company had a trading volume of 201,819 shares, compared to its average volume of 242,264. 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 firm has a market capitalization of $1,860.00, a price-to-earnings ratio of 17.40 and a beta of 1.16. Simmons First National Corporation has a fifty-two week low of $47.75 and a fifty-two week high of $67.00.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Eaton Vance Management boosted its stake in shares of Simmons First National Corporation by 8.5% during the second quarter. Eaton Vance Management now owns 62,197 shares of the bank’s stock valued at $3,290,000 after acquiring an additional 4,885 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Simmons First National Corporation by 5.8% during the first quarter. Vanguard Group Inc. now owns 2,511,310 shares of the bank’s stock valued at $138,499,000 after acquiring an additional 138,399 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Simmons First National Corporation by 1.2% during the second quarter. BlackRock Inc. now owns 3,702,665 shares of the bank’s stock valued at $195,871,000 after acquiring an additional 42,981 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Simmons First National Corporation by 8.9% during the first quarter. Geode Capital Management LLC now owns 255,312 shares of the bank’s stock valued at $14,080,000 after acquiring an additional 20,906 shares during the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Simmons First National Corporation during the first quarter valued at $314,000. 52.10% of the stock is currently owned by institutional investors and hedge funds.

SFNC has been the topic of several research reports. Zacks Investment Research lowered Simmons First National Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 7th. Stephens raised Simmons First National Corporation from an “equal weight” rating to a “buy” rating and upped their target price for the company from $60.00 to $64.00 in a report on Friday, July 21st. BidaskClub lowered Simmons First National Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. Piper Jaffray Companies reissued a “neutral” rating and issued a $60.00 target price on shares of Simmons First National Corporation in a report on Thursday, October 5th. Finally, Sandler O’Neill reissued a “hold” rating and issued a $62.00 target price on shares of Simmons First National Corporation in a report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $62.40.

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 and Tennessee.

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

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