On September 16, 2024, Ramon Rodriguez, Director at USCB Financial Holdings Inc (USCB, Financial), purchased 6,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 12,000 shares of USCB Financial Holdings Inc. The shares were bought at a price of $14.61 each, totaling $87,660.
USCB Financial Holdings Inc operates as a financial institution primarily engaged in providing banking services. The company's activities include offering a range of financial products and services to individual and corporate customers.
Over the past year, Ramon Rodriguez has increased his holdings in the company by purchasing a total of 8,950 shares. There have been 13 insider buys and no insider sells at USCB Financial Holdings Inc over the same period, indicating a positive trend in insider confidence.
As of the date of the insider's recent purchase, USCB Financial Holdings Inc had a market cap of approximately $302.355 million. The stock's price-earnings ratio stood at 17.71, above both the industry median and the company’s historical median.
The stock is currently assessed as Modestly Overvalued with a price-to-GF Value ratio of 1.07, based on a GF Value of $13.65. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past performance, and expected future business outcomes.
This insider purchase could signal a strong belief in the company's future performance and alignment with shareholder interests. Insider buying is often regarded as a positive sign as insiders are likely to buy stock based on their expectations of the company'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.
