BFSTBusiness First Bancshares, Inc.Financial Services · Banks - Regionalas of 2026-09-16
Horizon

Issued 2026-09-16 at $30.97 · now $30.97 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, BFST has typically landed between $27.47 and $35.54 — a range of −11.3% to +14.8% from the issuance price $30.97.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

2,099 overlapping 1 month windows · 2018-04-112026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($30.97) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where BFST has typically landed a month from the 2026-09-16 close of $30.97 — the range is history, not a prediction.

$27.47worst · -11.3%$35.54best · +14.8%
  • now $30.97 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $30.91 (-0.2%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $29.11$32.71
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $27.47$35.54
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 2,099 windows spanning 2018-04-11 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-19−62.3%−62.3%+0.5%
2020-02-21−61.3%−62.1%+0.0%
2020-02-20−61.3%−62.5%+0.0%
3 best
2020-05-06+48.7%−5.6%+48.7%
2020-05-15+44.7%+0.0%+51.7%
2023-07-07+42.0%−0.3%+43.2%

2,099 overlapping windows · 2018-04-112026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~9 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
25%
−1.4%
n=8
Feb
50%
+0.9%
n=8
Mar
13%
−8.8%
n=8
Apr
38%
−3.2%
n=8
May
67%
+0.7%
n=9
Jun
78%
+3.2%
n=9
Jul
56%
+5.5%
n=9
Aug
67%
+0.8%
n=9
Sep
44%
−1.1%
n=9
Oct
88%
+6.2%
n=8
Nov
75%
+3.7%
n=8
Dec
63%
+2.0%
n=8

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$32$222026-08-24: 1 insider sale, $313K — Cummings George W. III2026-08-21: 1 insider sale, $131K — Cummings George W. III2026-08-19: 1 insider sale, $103K — Cummings George W. III2026-08-18: 1 insider sale, $318K — Cummings George W. III2026-08-06: 1 insider sale, $59K — Carter Donald Chad2026-08-05: 3 insider sales, $396K — Hall William G., Strong Saundra …2026-08-03: 1 insider sale, $319K — Cummings George W. III2026-07-31: 1 insider sale, $315K — Cummings George W. III2026-07-30: 2 insider sales, $456K — Cummings George W. III, MANSFIELD KEITH2026-07-29: 2 insider sales, $381K — Cummings George W. III, Johnson Joseph Vernon2026-07-28: 2 insider sales, $636K — Cummings George W. III, Johnson Joseph Vernon2026-07-28: 1 insider purchase, $47K — Day Rick D.2026-06-11: 1 insider sale, $144K — Cummings George W. III2026-06-10: 1 insider sale, $433K — Cummings George W. III2026-06-08: 1 insider sale, $428K — Cummings George W. III2026-05-27: 1 insider sale, $324K — Cummings George W. III2026-05-22: 1 insider sale, $280K — Cummings George W. III2026-03-04: 1 insider sale, $304K — Cummings George W. III2026-03-03: 1 insider sale, $269K — Cummings George W. III2026-03-02: 1 insider sale, $6K — Cummings George W. III2026-02-25: 1 insider sale, $560K — Cummings George W. III2026-02-10: 1 insider sale, $143K — Folse Mark P.2026-02-10: 1 insider purchase, $4K — MCCOLLISTER ROLFE H. JR.2026-02-09: 1 insider sale, $153K — Folse Mark P.2026-01-29: 1 insider sale, $103K — Carter Donald Chad2026-01-27: 1 insider purchase, $41K — Day Rick D.2025-12-01: 1 insider sale, $37K — ROBERTSON GREG2025-10-28: 1 insider purchase, $39K — Day Rick D.2025-08-22: 1 insider sale, $60K — Strong Saundra2025-08: 2 open-market sales, $179K2025-10: 1 open-market purchase, $39K2025-12: 1 open-market sale, $37K2026-01: 1 open-market purchase, $41K2026-01: 1 open-market sale, $103K2026-02: 1 open-market purchase, $4K2026-02: 3 open-market sales, $856K2026-03: 3 open-market sales, $578K2026-05: 2 open-market sales, $604K2026-06: 3 open-market sales, $1.0M2026-07: 1 open-market purchase, $47K2026-07: 7 open-market sales, $1.8M2026-08: 9 open-market sales, $1.6M↑ buys↓ salesdirector Cummings George W. III — Sale on 2026-08-24, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-08-21, filed 4 days after the tradedirector Cummings George W. III — Sale on 2026-08-19, filed 2 days after the tradedirector Cummings George W. III — Sale on 2026-08-18, filed 1 day after the tradeofficer Carter Donald Chad — Sale on 2026-08-06, filed 1 day after the tradedirector Hall William G. — Sale on 2026-08-05, filed 2 days after the tradedirector Hall William G. — Sale on 2026-08-05, filed 2 days after the tradeofficer Strong Saundra — Sale on 2026-08-05, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-08-03, filed 2 days after the tradedirector Cummings George W. III — Sale on 2026-07-31, filed same daydirector Cummings George W. III — Sale on 2026-07-30, filed 1 day after the tradeofficer MANSFIELD KEITH — Sale on 2026-07-30, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-07-29, filed 1 day after the tradedirector Johnson Joseph Vernon — Sale on 2026-07-29, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-07-28, filed 2 days after the tradedirector Johnson Joseph Vernon — Sale on 2026-07-28, filed 2 days after the tradedirector Day Rick D. — Purchase on 2026-07-28, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-06-11, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-06-10, filed 2 days after the tradedirector Cummings George W. III — Sale on 2026-06-08, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-05-27, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-05-22, filed 5 days after the tradedirector Cummings George W. III — Sale on 2026-03-04, filed 2 days after the tradedirector Cummings George W. III — Sale on 2026-03-03, filed 1 day after the tradedirector Cummings George W. III — Sale on 2026-03-02, filed 2 days after the tradedirector Cummings George W. III — Sale on 2026-02-25, filed 2 days after the tradedirector Folse Mark P. — Sale on 2026-02-10, filed 1 day after the tradedirector MCCOLLISTER ROLFE H. JR. — Purchase on 2026-02-10, filed 2 days after the tradedirector Folse Mark P. — Sale on 2026-02-09, filed 2 days after the tradeofficer Carter Donald Chad — Sale on 2026-01-29, filed 1 day after the tradedirector Day Rick D. — Purchase on 2026-01-27, filed same dayofficer ROBERTSON GREG — Sale on 2025-12-01, filed 1 day after the tradedirector Day Rick D. — Purchase on 2025-10-28, filed same dayofficer Strong Saundra — Sale on 2025-08-22, filed 3 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-08-24Cummings George W. IIIdirectorSale10,000 @ $31.33$313K−5.2% of holdingnot yet — horizon still opennot yet — horizon still open183,745Form 4 · filed 1 day after the trade
2026-08-21Cummings George W. IIIdirectorSale4,200 @ $31.27$131K−2.1% of holdingnot yet — horizon still opennot yet — horizon still open193,745Form 4 · filed 4 days after the trade
2026-08-19Cummings George W. IIIdirectorSale3,235 @ $31.80$103K−1.6% of holdingnot yet — horizon still opennot yet — horizon still open197,945Form 4 · filed 2 days after the trade
2026-08-18Cummings George W. IIIdirectorSale10,000 @ $31.78$318K−4.7% of holdingnot yet — horizon still opennot yet — horizon still open201,180Form 4 · filed 1 day after the trade
2026-08-06Carter Donald ChadofficerSale1,875 @ $31.64$59K−12.9% of holding+0.2%not yet — horizon still open12,642Form 4 · filed 1 day after the trade
2026-08-05Hall William G.directorSale9,723 @ $31.97$311K−100.0% of holding−2.0%not yet — horizon still open0Form 4 · filed 2 days after the trade
2026-08-05Hall William G.directorSale1,666 @ $31.97$53K−31.9% of holding−2.0%not yet — horizon still open3,550Form 4 · filed 2 days after the trade
2026-08-05Strong SaundraofficerSale1,000 @ $31.98$32K−17.0% of holding−2.0%not yet — horizon still open4,878Form 4 · filed 1 day after the trade
2026-08-03Cummings George W. IIIdirectorSale10,000 @ $31.87$319K−4.5% of holding−4.4%not yet — horizon still open211,180Form 4 · filed 2 days after the trade
2026-07-31Cummings George W. IIIdirectorSale10,000 @ $31.50$315K−4.3% of holding−5.2%not yet — horizon still open221,180Form 4 · filed same day
2026-07-30Cummings George W. IIIdirectorSale10,000 @ $32.08$321K−4.1% of holding−6.0%not yet — horizon still open231,180Form 4 · filed 1 day after the trade
2026-07-30MANSFIELD KEITHofficerSale4,200 @ $32.08$135K−5.2% of holding−6.0%not yet — horizon still open77,139Form 4 · filed 1 day after the trade
2026-07-29Cummings George W. IIIdirectorSale10,000 @ $31.88$319K−4.0% of holding−8.1%not yet — horizon still open241,180Form 4 · filed 1 day after the trade
2026-07-29Johnson Joseph VernondirectorSale2,000 @ $31.15$62K−1.1% of holding−8.1%not yet — horizon still open172,073Form 4 · filed 1 day after the trade
2026-07-28Cummings George W. IIIdirectorSale10,000 @ $31.86$319K−3.8% of holding−6.4%not yet — horizon still open251,180Form 4 · filed 2 days after the trade
2026-07-28Johnson Joseph VernondirectorSale10,000 @ $31.75$318K−5.4% of holding−6.4%not yet — horizon still open174,073Form 4 · filed 2 days after the trade
2026-07-28Day Rick D.directorPurchase1,500 @ $31.61$47K+0.6% of holding−6.4%not yet — horizon still open269,901Form 4 · filed 1 day after the trade
2026-06-11Cummings George W. IIIdirectorSale5,000 @ $28.78$144K−1.9% of holding+1.6%not yet — horizon still open261,180Form 4 · filed 1 day after the trade
2026-06-10Cummings George W. IIIdirectorSale15,000 @ $28.89$433K−5.3% of holding+1.5%not yet — horizon still open266,180Form 4 · filed 2 days after the trade
2026-06-08Cummings George W. IIIdirectorSale15,000 @ $28.54$428K−5.1% of holding+3.7%not yet — horizon still open281,180Form 4 · filed 1 day after the trade
2026-05-27Cummings George W. IIIdirectorSale11,595 @ $27.92$324K−3.8% of holding+12.1%not yet — horizon still open296,180Form 4 · filed 1 day after the trade
2026-05-22Cummings George W. IIIdirectorSale10,000 @ $27.99$280K−3.1% of holding+9.7%not yet — horizon still open307,775Form 4 · filed 5 days after the trade
2026-03-04Cummings George W. IIIdirectorSale11,000 @ $27.60$304K−3.3% of holding+3.9%+1.9%317,775Form 4 · filed 2 days after the trade
2026-03-03Cummings George W. IIIdirectorSale9,800 @ $27.42$269K−2.9% of holding+2.8%−0.7%328,775Form 4 · filed 1 day after the trade
2026-03-02Cummings George W. IIIdirectorSale200 @ $27.80$6K−0.1% of holding+2.6%+0.2%338,575Form 4 · filed 2 days after the trade
2026-02-25Cummings George W. IIIdirectorSale20,000 @ $28.00$560K−5.6% of holding+1.3%−0.8%338,775Form 4 · filed 2 days after the trade
2026-02-10Folse Mark P.directorSale4,854 @ $29.51$143K−8.3% of holding−6.6%−1.8%53,286Form 4 · filed 1 day after the trade
2026-02-10MCCOLLISTER ROLFE H. JR.directorPurchase120 @ $29.56$4K+0.1% of holding−6.6%−1.8%93,080Form 4 · filed 2 days after the trade
2026-02-09Folse Mark P.directorSale5,146 @ $29.75$153K−8.1% of holding−8.2%−2.5%58,140Form 4 · filed 2 days after the trade
2026-01-29Carter Donald ChadofficerSale3,778 @ $27.27$103K−21.4% of holding+1.9%+8.3%13,863Form 4 · filed 1 day after the trade
2026-01-27Day Rick D.directorPurchase1,500 @ $27.55$41K+0.6% of holding+5.7%+13.2%267,385Form 4 · filed same day
2025-12-01ROBERTSON GREGofficerSale1,400 @ $26.41$37K−2.0% of holding−1.1%−4.9%67,835Form 4 · filed 1 day after the trade
2025-10-28Day Rick D.directorPurchase1,600 @ $24.21$39K+0.6% of holding+9.0%+7.9%265,885Form 4 · filed same day
2025-08-22Strong SaundraofficerSale2,363 @ $25.38$60K−28.3% of holding−8.1%+3.3%5,997Form 4 · filed 3 days after the trade
2025-08-04Buquet James J. IIIdirectorSale5,164 @ $23.08$119K−15.3% of holding+7.1%+18.4%28,523Form 4 · filed 1 day after the trade
2025-07-31Ducrest John P.directorPurchase2,225 @ $23.62$53K+19.4% of holding+3.8%+9.9%13,716Form 4 · filed 1 day after the trade
2025-06-06MCCOLLISTER ROLFE H. JR.directorPurchase680 @ $23.40$16K+0.7% of holding+6.7%−0.7%92,960Form 4 · filed 3 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

263 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-06-26Hall William G.directorOption exercise1,01620,990Form 4
2026-06-26Sanchez Alejandro MdirectorOption exercise1,016998Form 4
2026-06-26Sidi ZeenatdirectorOption exercise1,0161,674Form 4
2026-06-26Sidi ZeenatdirectorOption exercise1,016998Form 4
2026-06-26Tillage Keith AlexisdirectorOption exercise1,0166,409Form 4
2026-06-26Hall William G.directorOption exercise1,016998Form 4
2026-06-26Tillage Keith AlexisdirectorOption exercise1,016998Form 4
2026-06-26WHITE STEVEN GERARDdirectorOption exercise1,01614,930Form 4
2026-06-26WHITE STEVEN GERARDdirectorOption exercise1,016998Form 4
2026-06-26Johnson Joseph VernondirectorOption exercise1,016184,073Form 4
2026-06-26Johnson Joseph VernondirectorOption exercise1,016998Form 4
2026-06-26MCCOLLISTER ROLFE H. JR.directorOption exercise1,01694,096Form 4
2026-06-26MCCOLLISTER ROLFE H. JR.directorOption exercise1,016998Form 4
2026-06-26MOCKLER PATRICK E.directorOption exercise1,01633,159Form 4
2026-06-26MOCKLER PATRICK E.directorOption exercise1,016998Form 4
2026-06-26MONTGOMERY DAVID A. JR.directorOption exercise1,01614,268Form 4
2026-06-26MONTGOMERY DAVID A. JR.directorOption exercise1,016998Form 4
2026-06-26PRICE ARTHURdirectorOption exercise1,01611,680Form 4
2026-06-26PRICE ARTHURdirectorOption exercise1,016998Form 4
2026-06-26Quirk Aimee MdirectorOption exercise1,0162,533Form 4
2026-06-26Quirk Aimee MdirectorOption exercise1,016998Form 4
2026-06-26Sanchez Alejandro MdirectorOption exercise1,0161,016Form 4
2026-06-26Sanchez Alejandro MdirectorOption exercise1,016998Form 4
2026-06-26Sidi ZeenatdirectorOption exercise1,0161,674Form 4
2026-06-26Sidi ZeenatdirectorOption exercise1,016998Form 4
2026-06-26Tillage Keith AlexisdirectorOption exercise1,0166,409Form 4
2026-06-26Tillage Keith AlexisdirectorOption exercise1,016998Form 4
2026-06-26WHITE STEVEN GERARDdirectorOption exercise1,01614,930Form 4
2026-06-26WHITE STEVEN GERARDdirectorOption exercise1,016998Form 4
2026-06-26Day Rick D.directorOption exercise1,016268,401Form 4
2026-06-26Day Rick D.directorOption exercise1,016268,401Form 4
2026-06-26Day Rick D.directorOption exercise1,016998Form 4
2026-06-26Ducrest John P.directorOption exercise1,01614,732Form 4
2026-06-26Ducrest John P.directorDisposition1,01613,716Form 4
2026-06-26Ducrest John P.directorOption exercise1,016998Form 4
2026-06-26Folse Mark P.directorOption exercise1,01654,302Form 4
2026-06-26Day Rick D.directorOption exercise1,016998Form 4
2026-06-26Folse Mark P.directorOption exercise998998Form 4
2026-06-26Hall William G.directorOption exercise1,01620,990Form 4
2026-06-26Ducrest John P.directorOption exercise1,01614,732Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.