A Louisiana Banker's Tenth Check in a Year
Edgar Smith has now bought this Louisiana and Texas regional bank ten times in the past year, and his latest is $822,014 at $8.28, boosting his stake by 12%. That's real conviction, and he's not alone. Two other insiders have stepped in over the past month. The problem is the tape fighting him: financials are getting hammered, down 6% in a month on rate and credit worries, and this one's thinly traded with the short term up but the medium and long reads still pointing down. The 8-day is pressing against the 20-day from below, so a cross would bring algorithms in, but at the middle of its yearly range this isn't a washout he's buying. Worth watching, not chasing.
The Filing
| Ticker | FGBI |
| Company | First Guaranty Bancshares, Inc. |
| Insider | Edgar Smith III, Director |
| Buy amount | $822,014 |
| Filing date | October 2, 2026 |
| Conviction | Interesting · 54/100 |
| Setup type | Accumulation |
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