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Fund Trims Simmons First National by $13 Million as Shares Lag the S&P 500
On May 15, 2026, Rhino Investment Partners, Inc disclosed in a Securities and Exchange Commission (SEC) filing that it sold 642,196 shares of Simmons First National Corporation (NASDAQ:SFNC), an estimated $12.82 million trade based on quarterly average pricing.According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Rhino Investment Partners reduced its position in Simmons First National Corporation by 642,196 shares during the first quarter. The estimated transaction value was $12.82 million based on the average unadjusted closing price for the period. The quarter-end value of the stake decreased by $11.67 million, reflecting both the sale of shares and changes in the stock’s market price.Simmons First National Corporation is a regional bank holding company with a diversified portfolio of financial services and a significant presence in the South-Central United States. The company leverages its branch network and digital capabilities to serve a broad range of customers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool