Business First Bancshares Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:BFST Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Nov 24	SellUS$407,880	James Buquet	Individual	14,000	US$29.22
07 Nov 24	SellUS$73,472	Warren McDonald	Individual	2,560	US$28.70
06 Nov 24	SellUS$260,668	David Melville	Individual	9,172	US$28.42
05 Nov 24	SellUS$282,836	David Melville	Individual	10,828	US$26.15
04 Nov 24	SellUS$223,985	Joseph Johnson	Individual	8,500	US$26.36
30 Oct 24	SellUS$418,871	Joseph Johnson	Individual	15,500	US$27.16
09 Sep 24	SellUS$180,418	Mark Folse	Individual	7,346	US$24.56
09 Sep 24	SellUS$37,020	Warren McDonald	Individual	1,500	US$24.68
30 Aug 24	SellUS$3,773	Mark Folse	Individual	154	US$24.50
29 Aug 24	SellUS$61,250	Mark Folse	Individual	2,500	US$24.50
01 Aug 24	SellUS$39,388	Warren McDonald	Individual	1,532	US$25.71
31 Jul 24	SellUS$303,819	Joseph Johnson	Individual	11,874	US$25.77
30 Jul 24	SellUS$1,017,200	Mark Folse	Individual	40,000	US$25.43
30 Jul 24	SellUS$159,516	Saundra Strong	Individual	6,300	US$25.32
30 Apr 24	BuyUS$36,540	Ricky Day	Individual	1,800	US$20.30
11 Mar 24	SellUS$116,570	Warren McDonald	Individual	5,211	US$22.37

Insider Trading Volume

Insider Buying: BFST insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BFST?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	11,000	0.0372%
Individual Insiders	1,603,188	5.43%
Institutions	12,700,059	43%
General Public	15,227,208	51.5%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.6%.

Top Shareholders

Top 25 shareholders own 37.4% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.5%	BlackRock, Inc.	2,214,156	US$56.9m	3.24%	no data
4.65%	The Vanguard Group, Inc.	1,373,145	US$35.3m	3.49%	no data
2.42%	Dimensional Fund Advisors LP	714,450	US$18.4m	6.71%	no data
1.9%	Geode Capital Management, LLC	561,318	US$14.4m	-2.11%	no data
1.77%	State Street Global Advisors, Inc.	523,626	US$13.5m	5.01%	no data
1.57%	1st & Main Growth Partners	462,494	US$11.9m	-5.23%	1.23%
1.55%	Manulife Asset Management	459,314	US$11.8m	-2.63%	0.01%
1.52%	American Century Investment Management Inc	449,856	US$11.6m	7.4%	0.01%
1.3%	Royce & Associates, LP	384,200	US$9.9m	9.67%	0.08%
1.27%	Ranger Investment Management, L.P.	374,958	US$9.6m	2.13%	0.6%
1.13%	JP Morgan Asset Management	334,890	US$8.6m	-0.39%	no data
1.05%	Mendon Capital Advisors Corp	309,912	US$8.0m	-16.2%	4.78%
1%	Curi RMB Capital, LLC	296,524	US$7.6m	-19.9%	0.16%
1%	Janus Henderson Group plc	295,275	US$7.6m	922%	no data
0.99%	Joseph Johnson	292,753	US$7.5m	-7.58%	no data
0.89%	Ricky Day	262,785	US$6.8m	0%	no data
0.84%	Russell Investment Management, LLC	247,982	US$6.4m	27.4%	0.01%
0.8%	Bridgeway Capital Management, LLC	235,806	US$6.1m	3.29%	0.1%
0.75%	David Melville	221,639	US$5.7m	-8.28%	no data
0.72%	Kennedy Capital Management LLC	211,812	US$5.4m	-14.7%	0.12%
0.71%	Northern Trust Global Investments	210,895	US$5.4m	0.12%	no data
0.66%	Charles Schwab Investment Management, Inc.	196,238	US$5.0m	195%	no data
0.53%	Putnam LLC	156,847	US$4.0m	27.3%	no data
0.45%	Robertson Stephens Wealth Management, LLC	132,662	US$3.4m	0%	0.12%
0.42%	AllianceBernstein L.P.	125,078	US$3.2m	-35.4%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 02:39
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Business First Bancshares, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kevin Fitzsimmons	D.A. Davidson & Co.
Manuel Navas	D.A. Davidson & Co.
null null	D.A. Davidson & Co.