Primis Financial’s (NASDAQ:FRST) Role in the Nasdaq 100 Index

May 15, 2025 01:20 AM PDT | By Team Kalkine Media

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Primis Financial’s (NASDAQ:FRST) Role in the Nasdaq 100 Index — Image source: Shutterstock

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Highlights

Institutional entities hold the majority of Primis Financial shares.

Reflecting ongoing confidence within the management.

Primis Financial’s stock price showed resilience amid market fluctuations.

Primis Financial (NASDAQ:FRST) operates within the financial services sector and is listed on nasdaq 100 index. This positioning places the company among other firms influencing the market space. Recent shareholder activity reveals significant ownership by large financial institutions, emphasizing the company’s presence within these key stock market indices.

Share Ownership and Stake Adjustments

Ownership of Primis Financial’s stock remains heavily concentrated in institutional hands, accounting for nearly three-quarters of the total shares. Key entities increased their holdings, with some firms significantly raising their positions. Additionally, company leadership increased their stake, acquiring more shares and holding a sizable portion of the total stock. This highlights an active role by insiders in the company’s equity structure.

Stock Price Movement and Trading Range

The stock price opened at a level slightly higher than the previous trading session, reflecting modest gains despite a fluctuating market environment. Over the course of the past year, the stock price has exhibited variability, moving within a defined range. Such movements indicate ongoing market interest and activity around the company’s shares.

Dividend Policy and Financial Results

Primis Financial (NASDAQ:FRST) recently announced a quarterly dividend, maintaining its position as a dividend-paying company. However, the payout ratio currently signals an unusual financial dynamic that could be of interest. The company’s latest earnings per share fell short of market forecasts, though reported revenue surpassed expectations. These results reflect recent operational outcomes without offering projections for upcoming periods.

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