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Insider Sale: Director and 10% Owner Leslie Rainbolt Sells Shares of BancFirst Corp (BANF)

Published 2024-09-10, 07:24 p/m
© Reuters.  Insider Sale: Director and 10% Owner Leslie Rainbolt Sells Shares of BancFirst Corp (BANF)
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GuruFocus - On September 10, 2024, Leslie Rainbolt, Director and 10% Owner of BancFirst Corp (NASDAQ:BANF), executed a sale of 1,631 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 4,000 shares of BancFirst Corp.

BancFirst Corp (NASDAQ:BANF) is a financial holding company headquartered in Oklahoma City. The company provides a range of commercial banking services to retail customers and small to medium-sized businesses.

Over the past year, Leslie Rainbolt has sold a total of 43,537 shares of BancFirst Corp and has not made any purchases of the stock. This recent sale is part of a broader trend observed in the company, where there have been 39 insider sells and only 5 insider buys over the past year.

On the date of the recent transaction, shares of BancFirst Corp were trading at $105.1. This pricing gives the company a market cap of approximately $3.464 billion. The price-earnings ratio of the company stands at 17.51, which is above both the industry median of 10.075 and the historical median for the company.

The stock is currently assessed as Modestly Overvalued with a price-to-GF Value ratio of 1.11, based on a GF Value of $94.44. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics against its historical performance and industry standards.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This content was originally published on Gurufocus.com

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