Red River Bancshares director Teddy Price buys $112,605 in shares

RED RIVER BANCSHARES INC (RRBI) director Teddy Ray Price purchased common stock worth $112,605 on November 4, 2026, as the company's shares neared a 52-week high of $109.70. The stock has provided a robust 66% return over the past year, but InvestingPro’s Fair Value analysis suggests it may be overvalued. Teddy acquired 1,045 shares, including 878 directly and the remainder indirectly through Kisatchie Industries, LLC, where he serves as Manager, and his spouse.

The company currently trades with a P/E ratio of 14.95 and a PEG ratio of 0.74, indicating attractive valuation relative to growth. Red River Bancshares demonstrated strong Q3 2026 earnings, surpassing expectations, driven by higher fees and a growing balance sheet. Loan growth accelerated to 10% annually, outpacing the consensus estimate of 6%, fueled by increased demand in Louisiana operations.

Stephens raised its price target to $115 from $110, maintaining an Equal Weight rating. These developments highlight recent financial community shifts. This report was AI-generated and reviewed by an editor.