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Ceredex Value Advisors Reduces Stake in ServisFirst Bancshares
Ceredex Value Advisors LLC, an investment management firm, has reduced its stake in ServisFirst Bancshares, Inc. (NYSE:SFBS) by selling 17,550 shares, representing a 9.5% decrease in its position. This reduction suggests a potential shift in the investment firm’s outlook on the Birmingham, Alabama-based financial services company, though the specific reasons remain unclear. ServisFirst Bancshares is a regional bank providing commercial banking services primarily to small and mid-sized businesses in the Southeast.