Insider Sale: Director Ellen Bartel Sells 15,140 Shares of Waterstone Financial Inc (WSBF)

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On September 5, 2024, Ellen Bartel, Director at Waterstone Financial Inc (WSBF, Financial), executed a sale of 15,140 shares of the company at a price of $15 per share. This transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 15,000 shares of the company.

Waterstone Financial Inc (WSBF, Financial) operates as the holding company for WaterStone Bank SSB that provides various banking products and services primarily in Southeastern Wisconsin. The company operates in two segments, Community Banking and Mortgage Banking.

Over the past year, Ellen Bartel has sold a total of 20,834 shares of Waterstone Financial Inc and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of more sales than buys among insiders, with 4 insider sells and only 1 insider buy over the past year.

Shares of Waterstone Financial Inc were trading at $15 on the day of the sale, giving the company a market cap of $287.582 million. The price-earnings ratio of the company stands at 23.54, which is above both the industry median of 10.2 and the company’s historical median.

The stock's valuation metrics show a GF Value of $12.52, indicating that at a price of $15, Waterstone Financial Inc is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.2.

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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 by a GuruFocus factor which considers past returns and growth, and future business performance estimates provided by Morningstar analysts.

This sale by the insider could 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.