On October 22, 2024, Leslie Rainbolt, Director and 10% Owner of BancFirst Corp (BANF, Financial), executed a sale of 778 shares of the company at a price of $110 per share. This transaction was reported in a recent SEC Filing. Following this sale, the insider now directly owns 4,000 shares of BancFirst Corp.
BancFirst Corp 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. The company is headquartered in Oklahoma City, Oklahoma.
Over the past year, Leslie Rainbolt has sold a total of 58,229 shares of BancFirst Corp and has not purchased any shares. This recent transaction continues a trend of insider sales at the company, with a total of 51 insider sales and 5 insider buys over the past year.
Shares of BancFirst Corp were trading at $110 on the day of the sale, giving the company a market cap of approximately $3.64 billion. The price-earnings ratio of the company stands at 17.68, which is above both the industry median of 10.515 and the company's historical median.
According to the GF Value, which is an intrinsic value estimate from GuruFocus, BancFirst Corp has a GF Value of $95.29. With the current price of $110, the stock has a price-to-GF-Value ratio of 1.15, indicating that it is Modestly Overvalued.
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, along with a GuruFocus adjustment factor based on the company’s 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 and potential valuation perspectives on 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.
