Insider Sale at BancFirst Corp (BANF): Director and 10% Owner Leslie Rainbolt Sells 2,152 Shares

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On October 21, 2024, Leslie Rainbolt, Director and 10% Owner of BancFirst Corp (BANF, Financial), executed a sale of 2,152 shares of the company. Following this transaction, the insider now directly owns 4,000 shares of BancFirst Corp. The sale was documented in an SEC Filing.

BancFirst Corporation operates as the bank holding company for BancFirst, a regional bank providing a range of commercial banking services to retail customers and small to medium-sized businesses. BancFirst Corp is headquartered in Oklahoma City, Oklahoma.

Over the past year, Leslie Rainbolt has sold a total of 57,451 shares and has not made any purchases of BancFirst Corp stock. The company has seen more insider selling than buying, with 48 insider sells and 5 insider buys over the same period.

Shares of BancFirst Corp were trading at $110.47 on the day of the transaction. The company has a market cap of approximately $3.62 billion. The price-earnings ratio stands at 17.55, which is above both the industry median of 10.64 and the company's historical median.

The stock's GF Value is estimated at $95.27, indicating that at a price of $110.47, BancFirst Corp is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.16.

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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 based on past returns and growth, and future business performance estimates from Morningstar analysts.

This sale by the insider may be of interest to current and potential investors, providing insight into insider sentiment at BancFirst Corp.

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.