Five Star Bancorp (NASDAQ:FSBC) Stock Position Increased by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in shares of Five Star Bancorp (NASDAQ:FSBC - Free Report) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 840,142 shares of the company's stock after buying an additional 13,001 shares during the quarter. Vanguard Group Inc. owned 3.94% of Five Star Bancorp worth $25,280,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new position in shares of Five Star Bancorp during the fourth quarter worth $108,000. Sei Investments Co. acquired a new stake in shares of Five Star Bancorp during the fourth quarter valued at about $289,000. American Century Companies Inc. increased its position in shares of Five Star Bancorp by 31.1% during the fourth quarter. American Century Companies Inc. now owns 261,494 shares of the company's stock worth $7,868,000 after acquiring an additional 62,041 shares during the last quarter. Intech Investment Management LLC acquired a new position in shares of Five Star Bancorp in the fourth quarter worth about $217,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Five Star Bancorp in the fourth quarter valued at about $259,000. 46.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Five Star Bancorp news, Director Donna Lucas purchased 2,650 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $28.43 per share, with a total value of $75,339.50. Following the completion of the purchase, the director now owns 12,076 shares in the company, valued at $343,320.68. This trade represents a 28.11 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James Eugene Beckwith sold 4,000 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $30.25, for a total transaction of $121,000.00. Following the transaction, the chief executive officer now directly owns 476,381 shares in the company, valued at approximately $14,410,525.25. The trade was a 0.83 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 25.57% of the company's stock.

Five Star Bancorp Stock Performance

Shares of NASDAQ FSBC traded up $0.21 during trading on Friday, reaching $26.41. The stock had a trading volume of 66,798 shares, compared to its average volume of 54,932. The firm's 50 day moving average price is $28.53 and its two-hundred day moving average price is $30.13. Five Star Bancorp has a one year low of $21.35 and a one year high of $35.13. The stock has a market cap of $563.30 million, a PE ratio of 11.58 and a beta of 0.52.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last posted its earnings results on Monday, January 27th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.59 by $0.04. Five Star Bancorp had a return on equity of 12.89% and a net margin of 21.40%. On average, research analysts expect that Five Star Bancorp will post 2.63 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Stephens restated an "overweight" rating and set a $37.00 price objective on shares of Five Star Bancorp in a report on Tuesday, January 28th. Raymond James restated an "outperform" rating and issued a $35.00 price target (down previously from $38.00) on shares of Five Star Bancorp in a research note on Wednesday, January 29th. DA Davidson reiterated a "buy" rating and set a $38.50 price objective on shares of Five Star Bancorp in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Five Star Bancorp from $37.00 to $35.00 and set a "market perform" rating for the company in a research report on Thursday, January 30th.

Five Star Bancorp Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.