Director John Fitzgerald Biagas of Primis Financial Corp (NASDAQ:FRST) has recently increased his stake in the company, acquiring 1,925 shares of common stock at $12.80 per share, according to a Form 4 filing with the Securities and Exchange Commission. The reported purchase amounted to $24,640.
Following the transaction, dated March 12, 2026, Biagas directly holds 91,944 shares of Primis Financial. That total includes 10,233 shares that are held in an individual retirement account (IRA). The filing indicates a straightforward, direct purchase of common stock rather than an indirect or derivative transaction.
Valuation and dividend profile
Market metrics noted alongside the filing show Primis Financial trading at a price-to-earnings ratio of 5.1. InvestingPro analysis cited in the filing suggests the company appears undervalued when compared to its Fair Value. The company also pays a dividend with a yield of 3.11% and has sustained dividend payments for 15 consecutive years, a detail that may be of interest to income-focused investors.
InvestingPro additionally offers eight further tips for subscribers tracking FRST, per the information accompanying the regulatory disclosure.
Earnings and near-term market reaction
Primis Financial reported fourth-quarter 2025 results that exceeded analyst expectations. The firm posted earnings per share of $1.20 for the quarter, versus a projected $0.34. Revenue was reported at $80.87 million, compared with forecasts of $41.68 million. Those figures indicate the company materially outperformed consensus estimates for the period.
Despite the stronger-than-expected results, the stock experienced a slight decline in pre-market trading following the release. Analysts had been projecting lower figures, making the actual results notably favorable on a reported basis.
Context and limitations
The information provided is drawn from the company filing and the reported quarterly results. The filing documents the insider purchase and the post-transaction share tally; the financial disclosure covers EPS and revenue for fourth-quarter 2025 as well as the market response in pre-market trading. The InvestingPro valuation note and subscriber tips are included in the materials accompanying the disclosure.
No additional causal conclusions or forward-looking projections are made beyond the facts reported in the regulatory filing and the company’s quarterly results.