Rodney Bullard Buys Shares of Ameris Bancorp

Rodney Bullard, an insider at Ameris Bancorp, purchased 214 shares of the company on June 22, 2026. The shares were bought at an average price of $87.48, for a total transaction value of $18,720.72. This insider transaction was not planned under a Rule 10b5-1 trading plan.

Other Institutional Activity in Ameris Bancorp

Several institutional investors have been active in Ameris Bancorp recently. BlackRock reduced its holdings by 42,004 shares, bringing its total to 9,818,406 shares valued at about $765.7 million. Dimensional Fund Advisors also cut its stake by 128,156 shares, ending with 3,896,626 shares worth approximately $303.9 million. Conversely, Vanguard Portfolio Management opened a new position, acquiring 3,694,069 shares valued at around $288.1 million. North Reef Capital Management increased its holdings by 686,215 shares, reaching a total of 3,423,243 shares valued at $267.0 million. State Street Corp added 120,431 shares to its portfolio, for a total of 3,319,796 shares worth about $259.6 million.

Ameris Bancorp Stock Up 4.6%

Shares of NYSE:ABCB traded near $89.56 on Wednesday. Ameris Bancorp has a market capitalization of approximately $5.88 billion and a P/E ratio of 13.7. The company's stock has seen a 52-week low of $60.54 and a high of $90.00. The 50-day moving average is $84.95, while the 200-day moving average is $78.69. Ameris Bancorp's beta is 0.928, indicating slightly less volatility compared to the market.

Recent Earnings

Ameris Bancorp reported revenue of $1.17 billion, with a revenue growth rate of 12.8%. The company achieved a net margin of 37.1% and a return on equity of 11.0%. Earnings per share stood at $6.36. The next earnings report is scheduled for July 27, 2026.

Dividend

Ameris Bancorp pays an annual dividend rate of $0.80, yielding 0.91%. The dividend payout ratio is 12.58%, indicating a conservative payout policy.

Insider Buying and Selling at Ameris Bancorp

On June 22, 2026, Rodney Bullard purchased 214 shares of Ameris Bancorp at an average price of $87.48. On the same day, William Stern bought 272 shares at the same price. Earlier, on May 21, 2026, insiders including Robert Lynch, William Bowen Jr., and Rodney Bullard each bought 1,003 shares, though the price was not disclosed.

Analysts Set New Price Targets

Analysts have recently maintained their ratings on Ameris Bancorp. On April 28, 2026, DA Davidson maintained a 'buy' rating with a price target of $98. Stephens & Co. and Truist Securities both maintained 'hold' ratings with targets of $90 and $89, respectively, on April 27, 2026. The consensus among analysts is a 'buy' rating with an average target price of $93.86 from seven opinions.

About Ameris Bancorp

Ameris Bancorp is a financial services company headquartered in Atlanta, Georgia. It operates as the bank holding company for Ameris Bank, providing a range of banking services to retail and commercial clients. The company operates through several divisions, including Banking, Retail Mortgage, Warehouse Lending, and Premium Finance. Ameris Bancorp offers various deposit accounts and loans, including commercial real estate and consumer loans. Founded in 1971, the company is led by CEO Mr. H. Palmer Proctor Jr. and employs over 2,600 people.

Bottom Line

Rodney Bullard's recent purchase of Ameris Bancorp shares highlights ongoing insider interest in the company. While this may catch investors' attention, it's important to remember that such transactions can occur for many reasons. Ameris Bancorp's fundamentals and institutional activities provide a broader view of its market position. As always, 13F filings and insider transactions should be considered as part of a larger investment analysis.