First Busey (NASDAQ:BUSE) CAO Buys $129,500.00 in Stock

05 May 2026, 18:48 by Jessica Moore · The Cerbat Gem

First Busey Corporation (NASDAQ:BUSE – Get Free Report) CAO Scott Phillips purchased 5,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $25.90 per share, for a total transaction of $129,500.00. Following the acquisition, the chief accounting officer owned 8,350 shares of the company’s stock, valued at approximately $216,265. This represents a 149.25% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

First Busey Stock Up 1.3%

NASDAQ:BUSE traded up $0.33 on Tuesday, hitting $26.56. The stock had a trading volume of 405,302 shares, compared to its average volume of 617,712. First Busey Corporation has a 52 week low of $20.91 and a 52 week high of $27.65. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.12. The business’s fifty day moving average is $25.67 and its 200 day moving average is $24.74. The company has a market cap of $2.27 billion, a PE ratio of 11.80 and a beta of 0.72.

First Busey (NASDAQ:BUSE – Get Free Report) last posted its earnings results on Tuesday, April 28th. The bank reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.10. First Busey had a return on equity of 10.16% and a net margin of 19.16%.The company had revenue of $197.17 million for the quarter, compared to analyst estimates of $197.15 million. On average, equities research analysts expect that First Busey Corporation will post 2.57 EPS for the current fiscal year.

First Busey Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 24th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Friday, April 24th. First Busey’s dividend payout ratio (DPR) is currently 46.22%.

Wall Street Analysts Forecast Growth

BUSE has been the topic of a number of recent research reports. DA Davidson restated a “neutral” rating and issued a $27.00 target price on shares of First Busey in a report on Thursday, January 29th. Stephens raised their target price on First Busey from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Piper Sandler raised their target price on First Busey from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded First Busey from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 3rd. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $27.50.

Read Our Latest Report on BUSE

Institutional Trading of First Busey

A number of institutional investors and hedge funds have recently modified their holdings of the business. Fifth Third Bancorp purchased a new stake in shares of First Busey during the first quarter valued at approximately $124,000. Hsbc Holdings PLC purchased a new stake in shares of First Busey during the first quarter valued at approximately $628,000. Abel Hall LLC purchased a new stake in shares of First Busey during the first quarter valued at approximately $234,000. Inspire Investing LLC increased its position in shares of First Busey by 3.7% during the first quarter. Inspire Investing LLC now owns 20,335 shares of the bank’s stock valued at $514,000 after acquiring an additional 725 shares during the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of First Busey during the first quarter valued at approximately $1,743,000. 56.49% of the stock is owned by hedge funds and other institutional investors.

About First Busey

(Get Free Report)

First Busey (NASDAQ: BUSE) is a bank holding company headquartered in Champaign, Illinois, with roots tracing back to the founding of Busey Bank in 1868. As a regional financial institution, it offers a broad spectrum of banking services to individuals, small businesses, and corporations. Its core activities include commercial lending, deposit-taking, and cash management, which are tailored to meet the needs of local communities across its operating footprint.