The CRO of First Financial Bankshares is Exercising Options

By Carrie Williams

Today, the CRO of First Financial Bankshares, Roewe Randall Allen, exercised options of First Financial Bankshares for $27.11K.

This recent transaction increases Roewe Randall Allen’s holding in the company by 62.35% to a total of $94.88K. Following Roewe Randall Allen’s last FFIN Buy transaction on March 14, 2016, the stock climbed by 17.7%.

Based on First Financial Bankshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $86.83 million and quarterly net profit of $29.37 million. In comparison, last year the company earned revenue of $80.41 million and had a net profit of $25.6 million. The company has a one-year high of $48.85 and a one-year low of $36.85. FFIN’s market cap is $2.99B and the company has a P/E ratio of 27.28.

Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $44, reflecting a 3.2% upside.

In the last 30 days, insiders have sold $62.27K worth of FFIN shares and purchased $71.12K worth of FFIN shares. The insider sentiment on First Financial Bankshares has been negative according to 55 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

First Financial Bankshares, Inc. (Texas) is a bank holding company, which engages in the provision of financial and community banking services. It offers mortgage loans, savings and checking accounts, auto and equity loans, online and mobile banking, investment and trust management, and retirement plans.