Jonathan Scott Sells First Interstate BancSystem Shares
Jonathan Scott sold 4,500 shares of First Interstate BancSystem, worth $163,305, on June 17, 2026.
Key Points
- Jonathan Scott sold 4,500 shares of First Interstate BancSystem on June 17, 2026, at an average price of $36.29.
- First Interstate BancSystem has a market cap of approximately $3.54 billion and a P/E ratio of 11.91.
- Analysts have varied opinions, with DA Davidson recently downgrading to hold and setting a $39 target.
On June 17, 2026, Jonathan Scott sold 4,500 shares of First Interstate BancSystem, Inc. (NasdaqGS: FIBK) for a total value of $163,305. The shares were sold at an average price of $36.29 each.
Insider Buying and Selling at First Interstate BancSystem, Inc.
Jonathan Scott has been active in trading First Interstate BancSystem shares recently. On June 17, 2026, he sold 4,500 shares at $36.29. Earlier, on June 4, he sold 12,892 shares at an average price of $35.58. Other insiders, including Julie Scott, also sold 15,000 shares at $35.97 on June 18. Meanwhile, Michael Scudder and Biff Bowman bought shares on June 1, indicating some internal buying activity.
Other Institutional Activity in First Interstate BancSystem
Institutional investors have also made moves in First Interstate BancSystem. BlackRock, Inc. trimmed its holdings by 134,781 shares, now holding 13,479,487 shares valued at approximately $450.2 million. State Street Corp increased its position by 409,026 shares, bringing its total to 5,891,271 shares worth about $196.8 million. Dimensional Fund Advisors LP added 231,405 shares, now owning 5,630,789 shares valued at roughly $188.1 million.
First Interstate BancSystem Stock Snapshot
Shares of First Interstate BancSystem are trading around $35.64. The company has a market capitalization of about $3.54 billion and a P/E ratio of 11.91. Its stock has ranged from a 52-week low of $26.16 to a high of $39.26. The 50-day moving average stands at $35.21, while the 200-day moving average is $34.28.
Recent Earnings
First Interstate BancSystem reported revenue of approximately $1.04 billion, with a revenue growth of 3.6%. The company achieved a net margin of 30.01% and a return on equity of 9.29%. The next earnings report is scheduled for July 28, 2026.
Dividend
The company offers an annual dividend rate of $1.88, yielding 5.14% with a payout ratio of 61.44%. This provides a steady income stream for investors.
Analysts Set New Price Targets
Analysts have mixed views on First Interstate BancSystem. On May 27, 2026, DA Davidson downgraded the stock to a hold rating with a $39 price target. Earlier, on May 1, UBS maintained a sell rating with a $33 target, while Keefe, Bruyette & Woods downgraded to hold with a $37 target. The consensus target price stands at $37, based on eight analyst opinions.
About First Interstate BancSystem
First Interstate BancSystem, Inc., headquartered in Billings, Montana, operates as a bank holding company for First Interstate Bank. It offers a range of banking products and services, including checking, savings, and time deposits. The company also provides trust, investment management, insurance, and custodial services. Its loan portfolio includes real estate, consumer, and commercial loans. Founded in 1879, the company serves a diverse range of industries across the United States.
Bottom Line
Jonathan Scott's recent sale of First Interstate BancSystem shares is part of ongoing insider activity. The company's stock has shown resilience with a steady dividend and varied institutional interest. Analyst opinions remain mixed, reflecting differing views on its future performance. Investors often watch such insider transactions to gauge confidence in the company's prospects.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.