Director Leighton Cubbage sold 2,515 shares of Southern First Bancshares Inc (SFST, Financial) on September 16, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 54,303 shares of the company.
Southern First Bancshares Inc operates as the bank holding company for Southern First Bank, providing banking products and services for small-to medium-sized businesses, professionals, and other individuals. It offers various deposit products and loans, alongside other financial services.
Over the past year, the insider has sold a total of 12,629 shares and has not made any purchases. The recent transaction is part of a broader trend observed at Southern First Bancshares Inc, where there have been 9 insider sells and 7 insider buys over the past year.
Shares of Southern First Bancshares Inc were priced at $33.29 on the day of the transaction. The company has a market cap of approximately $269.201 million. The price-earnings ratio stands at 19.42, which is above both the industry median of 10.205 and the company's historical median.
The stock is considered to be Fairly Valued with a price-to-GF Value ratio of 0.99, based on a GF Value of $33.50. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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.
