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

Published 2024-09-13, 07:50 p/m
© Reuters.  Insider Sale: Director and 10% Owner Leslie Rainbolt Sells Shares of BancFirst Corp (BANF)
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GuruFocus - On September 13, 2024, Leslie Rainbolt, Director and 10% Owner of BancFirst Corp (NASDAQ:BANF), executed a sale of 10,371 shares of the company. Following this transaction, the insider now directly owns 4,000 shares of BancFirst Corp. The shares were sold at a price of $105.02, as detailed in the SEC Filing.

BancFirst Corp (NASDAQ:BANF) is a financial holding company headquartered in Oklahoma City. The company, through its subsidiary BancFirst, operates a network of banks and provides a range of banking and financial services to retail and commercial customers.

Over the past year, the insider has sold a total of 55,299 shares and has not purchased any shares. This recent transaction is part of a broader trend observed over the past year at BancFirst Corp, where there have been 45 insider sells and 5 insider buys.

As of the date of the sale, BancFirst Corp had a market cap of approximately $3.46 billion. The stock's price-earnings ratio stood at 17.48, which is above both the industry median of 10.05 and the companys historical median.

The GF Value of BancFirst Corp is $94.48, indicating that with a trading price of $105.02, the stock is considered modestly overvalued with a price-to-GF-Value ratio of 1.11.

The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the companys past performance and expected future business outcomes.

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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