Primis Financial director Margaret Weichert buys $1,575 in stock

Margaret M. Weichert, a director at Primis Financial Corp. (NASDAQ:FRST), purchased 100 shares of the company’s common stock on September 1, 2026. The transaction, valued at $1,575, saw shares acquired at a price of $15.75 each. The purchase comes as FRST shares trade at $16.06, up 46.75% over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels, with a P/E ratio of 7.46 and a dividend yield of 5.0%. An InvestingPro Tip highlights that the company has maintained dividend payments for 15 consecutive years.

Following this acquisition, Ms. Weichert directly holds 734 shares of Primis Financial Corp. common stock.

In other recent news, Primis Financial Corp reported its second-quarter 2026 earnings, revealing earnings per diluted share of $0.38, which aligned with Wall Street forecasts. The company’s revenue increased to $55.8 million, surpassing estimates by 14.41%, or more than $7 million. Despite the positive revenue figures, investor attention appeared to be directed towards credit costs and the sustainability of recent gains. The stock’s performance in after-hours trading reflected this focus. These developments highlight the ongoing financial considerations for Primis Financial in the current market environment. Analysts and investors will likely continue to monitor the company’s financial health closely.