On August 26, 2024, Director Anthony Scavuzzo purchased 15,000 shares of Texas Community Bancshares Inc (TCBS, Financial), as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 83,258 shares of the company.
Texas Community Bancshares Inc operates as a bank holding company for Texas Community Bank, which provides various banking products and services. The bank focuses on offering personalized services to individuals and businesses.
Over the past year, Anthony Scavuzzo has been an active buyer in the company's stock, purchasing a total of 22,001 shares. There have been no sales recorded by the insider during this period.
The insider transaction history for Texas Community Bancshares Inc shows a balanced activity over the past year, with 9 insider buys and 9 insider sells.
Shares of Texas Community Bancshares Inc were trading at $13.99 on the day of the insider's recent purchase. The company has a market cap of $44.810 million.
According to the GF Value, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 0.97. The GF Value of $14.36 is derived from historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This recent insider purchase could signal a positive outlook from the insider regarding the bank's future 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.
