GuruFocus - On September 11, 2024, Leslie Rainbolt, Director and 10% Owner of BancFirst Corp (NASDAQ:BANF), sold 1,391 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 4,000 shares of BancFirst Corp.
BancFirst Corporation operates as the bank holding company for BancFirst, a regional bank providing a range of commercial banking services to retail customers and small to medium-sized businesses. The company is headquartered in Oklahoma City, Oklahoma.
Over the past year, Leslie Rainbolt has sold a total of 44,928 shares of BancFirst Corp and has not made any purchases of the stock. This recent sale continues a trend observed over the past year, where there have been 42 insider sells and only 5 insider buys within the company.
Shares of BancFirst Corp were trading at $105.01 on the day of the sale. The company has a market cap of approximately $3.46 billion. The price-earnings ratio stands at 17.47, which is above both the industry median of 10.17 and the company's historical median.
According to the GF Value, the intrinsic value estimate for BancFirst Corp is $94.45 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.11.
The insider transaction history and the GF Value suggest a cautious outlook on the stock's current valuation. The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by a significant insider and 10% owner might be of interest to current and potential investors, providing insight into insider sentiment and potential future stock performance.
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.
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