Chief Risk Officer Daniel Bley sold 3,463 shares of Webster Financial Corp (WBS, Financial) on October 21, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 19,529 shares of the company.
Webster Financial Corp operates as the bank holding company for Webster Bank, National Association, providing financial services to individuals, families, and businesses in the United States. It offers commercial and consumer banking, mortgage lending, financial planning, trust, and investment services, among other products.
Over the past year, Daniel Bley has engaged in multiple transactions, selling a total of 12,491 shares and purchasing none. This recent sale is part of a broader trend observed within the company, where there have been 23 insider sells and no insider buys over the past year.
Shares of Webster Financial Corp were priced at $52.11 on the day of the sale. The company currently holds a market cap of approximately $8.90 billion. The price-earnings ratio stands at 11.78, which is above the industry median but below the company's historical median.
The GF Value of Webster Financial Corp is $47.93, leading to a price-to-GF-Value ratio of 1.09, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider activity and valuation metrics provide a snapshot of Webster Financial Corp's current financial landscape and insider sentiment, which could be of interest to investors and analysts monitoring the company's stock performance and insider behaviors.
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.
