Million-Dollar Buy From a Serial Insider
Edgar Smith just dropped nearly $1 million on FGBI shares at $9.17, marking his 10th purchase this year. This regional bank insider has a solid read on the name historically, with buys working out about 6 times out of 10 over the past few years. The technicals are messy though. RSI sits neutral at 47, but you've got conflicting timeframe signals with short-term selling pressure against medium and longer-term buying momentum.
The Filing
| Ticker | FGBI |
| Company | First Guaranty Bancshares, Inc. |
| Insider | Edgar Smith III |
| Buy amount | $1.0M |
| Filing date | May 4, 2026 |
| Conviction | Interesting · 50/100 |
| Setup type | Accumulation |
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