Scott R. Gamble, Director at Primis Financial Corp. (FRST), bought 1,711 shares at $14.59 ($25K) on 2026-06-03, disclosed to the SEC on 2026-06-04.
Director Scott R. Gamble purchased 1,711 shares of Primis Financial for $24,970, marking the largest insider purchase in the company's history. This substantial buy suggests confidence in the stock's value, particularly given the recent earnings beat and the stock's strong year-to-date performance.
The stock is currently trading 4.49% below its 52-week high of $15.04, despite a strong 52.6% gain over the past year. The price has pulled back slightly in the last 30 days (-1.44%) but remains well above the 52-week low of $9.33.
The trade marks the largest insider purchase in the company's history, signaling strong conviction from Director Scott R. Gamble. Investors should monitor the stock for continued insider support following this significant accumulation of 1,711 shares.
The stock faces risk from declining net income, which dropped from $22.6 million to $7.3 million year-over-year in the latest quarter. Additionally, the low short interest of 1.38% suggests limited short-covering potential.
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