Primis Financial director Eric Johnson buys $19,968 in stock

Eric Alan Johnson, a director at Primis Financial Corp. (NASDAQ:FRST), acquired shares of the company’s common stock, according to a recent regulatory filing.

The transaction, which occurred on September 1, 2026, involved the purchase of 1,280 shares at a price of $15.60 per share, totaling $19,968. The stock has since risen to $16.16, reflecting a strong 46.75% gain over the past year.

Following this acquisition, Mr. Johnson directly holds 50,882 shares of Primis Financial common stock. This total includes 9,622 shares held in an IRA for his benefit. Additionally, his spouse indirectly holds 297 shares. The Form 4 filing was dated September 3, 2026.The company trades at a P/E ratio of 7.47 and offers a 5.0% dividend yield. According to InvestingPro analysis, FRST appears undervalued relative to its Fair Value and has maintained dividend payments for 15 consecutive years. Investors seeking deeper insights can access a comprehensive Pro Research Report and additional ProTips on InvestingPro, which covers over 1,400 US equities.

In other recent news, Primis Financial Corp reported its second-quarter 2026 earnings, which aligned with Wall Street’s expectations at $0.38 per diluted share. The company’s revenue rose to $55.8 million, surpassing estimates by 14.41%, a notable achievement for the quarter. This revenue performance indicates that Primis Financial exceeded expectations by over $7 million. Despite the positive revenue figures, the focus among investors seemed to shift towards credit costs and the sustainability of recent gains. There was no immediate mention of any mergers or acquisitions involving Primis Financial in the latest updates. Analyst reactions to the earnings report have not been detailed, and there were no specific upgrades or downgrades announced by major firms. These developments are part of the ongoing updates surrounding Primis Financial’s financial activities.