Business First Bancshares, Inc.
Business First Bancshares, Inc. (BFST) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · BFST · as of Mar 31, 2025
Ownership Breakdown
148
Institutional Holders
▲ 3 vs Q4
$347.01M
Total Inst. Value
▼ $6.44M vs Q4
32.68M
Shares Outstanding
freeFloat 93.79%
14.25M
13F Shares Held
▲ 489,908 vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
BFST largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. state commercial banks | 2.21M | 7.55% | 7.55% | $53.91B | May 2, 2025 | ▼ 66.9K |
VANGUARD GROUP INC state commercial banks | 1.62M | 5.52% | 5.52% | $39.45B | May 9, 2025 | ▲ 1.4K |
DIMENSIONAL FUND ADVISORS LP state commercial banks | 893.2K | 3.05% | 3.05% | $21.75B | May 13, 2025 | ▲ 95.1K |
JANUS HENDERSON GROUP PLC state commercial banks | 731.5K | 2.49% | 2.49% | $17.91B | May 15, 2025 | ▲ 108.0K |
GEODE CAPITAL MANAGEMENT, LLC state commercial banks | 614.9K | 2.10% | 2.10% | $14.98B | May 13, 2025 | ▲ 7.1K |
AMERICAN CENTURY COMPANIES INC state commercial banks | 610.7K | 2.08% | 2.08% | $14.87B | May 13, 2025 | ▲ 72.3K |
STATE STREET CORP state commercial banks | 551.6K | 1.88% | 1.88% | $13.43B | May 15, 2025 | ▲ 8.7K |
ROYCE & ASSOCIATES LP state commercial banks | 519.1K | 1.77% | 1.77% | $12.64B | May 6, 2025 | ▲ 46.7K |
MANUFACTURERS LIFE INSURANCE COMPANY, THE state commercial banks | 457.5K | 1.56% | 1.56% | $11.14B | May 15, 2025 | ▲ 2.0K |
BANC FUNDS CO LLC state commercial banks | 408.1K | 1.39% | 1.39% | $9.94B | May 14, 2025 | ▼ 70.3K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
26
Increased
+900.7K shares3
New Positions
first time holders16
Decreased
−303.1K shares0
Sold Out
fully exitedNet shares change (top 50)
+597.6K
+900.7K / −303.1K
Net new holders
+13
3 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
BFST insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
2
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Cummings George W. III director | May 27, 2026 | Sale | 11,595 | $27.92 | $323.7K | 296.2K | Form 4 ↗ |
Cummings George W. III director | May 22, 2026 | Sale | 10,000 | $27.99 | $279.9K | 307.8K | Form 4 ↗ |
Vascocu Norman Jerome Jr President of b1Bank | Mar 31, 2026 | Tax Withhold | 1,600 | $27.04 | $43.3K | 21.6K | Form 4 ↗ |
Strong Saundra EVP & General Counsel | Mar 31, 2026 | Tax Withhold | 1,204 | $27.04 | $32.6K | 5.9K | Form 4 ↗ |
Roemer Heather G. EVP, CAO | Mar 31, 2026 | Tax Withhold | 528 | $27.04 | $14.3K | 19.1K | Form 4 ↗ |
ROBERTSON GREG EVP and CFO | Mar 31, 2026 | Tax Withhold | 1,033 | $27.04 | $27.9K | 69.5K | Form 4 ↗ |
MELVILLE DAVID R. III President and CEO | Mar 31, 2026 | Tax Withhold | 4,279 | $27.04 | $115.7K | 208.9K | Form 4 ↗ |
McDonald Warren EVP & Chief Credit Officer | Mar 31, 2026 | Tax Withhold | 1,158 | $27.04 | $31.3K | 14.2K | Form 4 ↗ |
MANSFIELD KEITH EVP&COO of b1Bank | Mar 31, 2026 | Tax Withhold | 1,324 | $27.04 | $35.8K | 81.3K | Form 4 ↗ |
Manning Kathryn EVP & Chief Risk Officer | Mar 31, 2026 | Tax Withhold | 874 | $27.04 | $23.6K | 15.8K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Business First Bancshares, Inc. (BFST) is primarily owned by institutional investors, who hold approximately 43.6% of total shares outstanding. Company insiders own approximately 6.21%, while retail and public investors account for the remaining 50.19%.
The largest institutional shareholder of Business First Bancshares, Inc. is BLACKROCK, INC., holding approximately 2.21 million shares — equal to 7.55% of outstanding shares — as of March 31, 2025.
A total of 148 institutional investors currently hold BFST stock, with a combined institutional value of approximately $347,010,697 as of the most recent 13F filing period.
Frequently asked questions
BFST ownershipBusiness First Bancshares, Inc. (BFST) is primarily owned by institutional investors, who hold approximately 43.6% of shares. The largest shareholder is BLACKROCK, INC. with a 7.55% stake. Company insiders hold 6.21%. Data sourced from SEC Form 13F as of March 31, 2025.