On September 19, 2024, Junetta Everett, Director at Equity Bancshares Inc (EQBK, Financial), purchased 2,190 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 12,003 shares of Equity Bancshares Inc.
Equity Bancshares Inc operates as the bank holding company for Equity Bank, which provides a range of financial services primarily in Kansas, Missouri, Arkansas, and Oklahoma. The company offers services including commercial banking products and services to businesses and individuals.
Over the past year, Junetta Everett has increased her holdings in the company by purchasing a total of 5,093 shares. There have been no sales recorded by the insider. The broader insider transaction trend at Equity Bancshares Inc shows 4 insider buys and 9 insider sells over the past year.
On the date of the latest purchase by Junetta Everett, shares of Equity Bancshares Inc were trading at $42.07. The company has a market cap of $636.929 million. The price-earnings ratio stands at 67.31, significantly above both the industry median and the company's historical median.
According to the GF Value, the intrinsic value estimate for Equity Bancshares Inc is $32.80 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.28. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This insider buying activity could be of interest to investors monitoring insider behaviors and the valuation levels of Equity Bancshares Inc's shares.
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.
