First Citizens Jumps to Top 500 by Volume as Stock Falls 1.13% Amid Insider Buys

On August 5, 2025, First Citizens BancShares Inc (FCNCA) traded with a volume of $0.32 billion, marking a 48.44% surge from the previous day’s activity. The stock closed down 1.13%, reflecting mixed market sentiment amid corporate developments.

Insider activity highlighted investor confidence, as Snow Ralph Mattox III, a director at First Citizens, acquired 10 additional shares, raising his total holdings to 110. Over the past year, insiders have executed six purchases without any sales, signaling cautious optimism about the company’s long-term trajectory. The transaction occurred at $1,888.60 per share, with the stock trading at a price-to-GF Value ratio of 0.91, suggesting modest undervaluation based on GuruFocus metrics. The company’s price-to-earnings ratio of 10.99 remains above the industry median but below its historical average, indicating a potential balance between growth and valuation.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark return of 29.18% by 137.53%. This underscores the role of liquidity concentration in short-term stock performance, particularly in volatile markets.