Margaret M. Weichert, a director at Primis Financial Corp., purchased 100 shares of common stock on September 1, 2026, for a total of $1,575 at $15.75 per share. The transaction increased her direct holdings to 734 shares.
The stock, listed on the NASDAQ under the ticker FRST, was trading at $16.06 at the time of the purchase, up 46.75% over the past year. InvestingPro analysis indicates the shares appear undervalued at current levels, with a price-to-earnings ratio of 7.46 and a dividend yield of 5.0%. The company has maintained dividend payments for 15 consecutive years.
Primis Financial reported second-quarter 2026 earnings per diluted share of $0.38, matching Wall Street forecasts. Revenue rose to $55.8 million, exceeding estimates by 14.41%, or more than $7 million. Investor attention has focused on credit costs, the sustainability of recent gains, and after-hours trading performance.
