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

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On September 13, 2024, Ellen Bartel, a Director at Waterstone Financial Inc (WSBF, Financial), sold 4,166 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 15,000 shares of Waterstone Financial Inc.

Waterstone Financial Inc operates as a savings and loan holding company. The company's principal business consists of attracting retail deposits from the general public and investing those deposits together with funds generated from operations and borrowings in loans secured by residential real estate and other financial assets.

Over the past year, Ellen Bartel has engaged in multiple transactions involving the company's stock, selling a total of 25,000 shares and purchasing none. This recent sale continues a trend observed over the past year at Waterstone Financial Inc, where insider activity has included 1 buy and 5 sells.

On the date of the sale, shares of Waterstone Financial Inc were trading at $14.89. This pricing gives the company a market cap of approximately $301.59 million. The price-earnings ratio of the stock stands at 24.68, which is above both the industry median of 10.17 and the company's historical median.

According to the GF Value, an intrinsic value estimate used by GuruFocus, Waterstone Financial Inc is currently modestly overvalued. The GF Value of $12.47, when compared to the current price, results in a price-to-GF-Value ratio of 1.19.

This valuation assessment is based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by GuruFocus for the company’s past performance and estimated future business outcomes provided by Morningstar analysts.

The insider's recent transaction provides an update on their holdings and may interest investors tracking insider behaviors as an indicator of company performance and valuation perspectives.

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.