SBCF Insider Hudson Dennis III Sells $251K of Stock

Hudson Dennis III, an insider at Seacoast Banking Corporation of Florida, sold 8,000 shares of the company on June 16, 2026. The shares were sold at an average price of $31.41 each, amounting to a total transaction value of $251,280. This sale was part of a pre-planned trading arrangement.

Insider Buying and Selling at Seacoast Banking Corporation of Florida

Aside from Hudson Dennis III's recent sale, other notable insider transactions at Seacoast Banking include James Stallings III, EVP and Chief Credit Officer, who sold 7,552 shares on May 6, 2026, at $31.16 per share. Charles Shaffer, Chairman, President & CEO, sold 10,367 shares on May 4, 2026, at $30.88 per share. In contrast, Joseph Forlenza, EVP & CRO, Juliette Kleffel, EVP, Chief Operating Officer, and Tracey Dexter, EVP & CFO, each acquired shares in April 2026.

Other Institutional Activity in Seacoast Banking

Several institutional investors have recently adjusted their positions in Seacoast Banking. BlackRock, Inc. increased its holdings by 425,718 shares, ending with 13,958,599 shares valued at approximately $422.81 million. State Street Corp also grew its position, adding 412,682 shares for a total of 5,023,436 shares worth about $152.16 million. Conversely, Wellington Management Group LLP reduced its stake by 534,969 shares, holding 4,850,958 shares valued at $146.94 million.

Seacoast Banking Corporation of Florida Stock Down 9.2%

Shares of Seacoast Banking Corporation of Florida (NasdaqGS: SBCF) traded at approximately $31.27 recently. The company has a market capitalization of around $2.98 billion and a P/E ratio of 20.54. Its stock has experienced a 52-week range between $24.78 and $35.55. The 50-day moving average is $31.08, while the 200-day moving average stands at $31.42.

Recent Earnings

Seacoast Banking reported revenue of $630.01 million with a growth rate of 24.1%. The company achieved a net margin of 23.06% and a return on equity of 5.49%. Earnings per share (EPS) were $1.49. The next earnings report is expected on July 23, 2026.

Dividend

Seacoast Banking pays an annual dividend of $0.76 per share, yielding 2.43%. The dividend payout ratio is approximately 49.66%.

Analysts Set New Price Targets

On April 30, 2026, Piper Sandler maintained a 'hold' rating for Seacoast Banking, setting a price target of $32.50. The consensus among analysts is to hold the stock, with a mean target price of $34.58 based on six analyst opinions.

About Seacoast Banking Corporation of Florida

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank. It provides a variety of financial services, including deposits, loans, and wealth management, to retail and commercial customers across Florida. The company is headquartered in Stuart, Florida, and led by CEO Charles M. Shaffer. Established in 1926, Seacoast Banking employs nearly 1,949 people.

Bottom Line

Hudson Dennis III’s sale of Seacoast Banking shares is part of a planned trading activity. Investors often track insider transactions for potential insights into company sentiment. Remember, such filings are backward-looking and may not reflect the current position of the insider or the company.