On October 23, 2024, Leslie Rainbolt, Director and 10% Owner of BancFirst Corp (BANF, Financial), executed a sale of 5,601 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now directly owns 4,000 shares of BancFirst Corp.
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 63,830 shares and has not made any purchases of the company's stock. This recent sale continues a trend observed over the past year, where there have been significantly more insider sales (54) than buys (4) at BancFirst Corp.
On the date of the sale, shares of BancFirst Corp were priced at $110.21, resulting in a market cap of approximately $3.65 billion. The price-earnings ratio of the company stands at 17.70, which is above both the industry median of 10.51 and the historical median for the company.
According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of stocks, BancFirst Corp has a GF Value of $95.80. With the current stock price of $110.21, the price-to-GF-Value ratio is 1.15, indicating that the stock is Modestly Overvalued.
This valuation assessment is based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, as well as a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent transaction could provide valuable insight for current and potential investors into how insiders view the stock's valuation at current levels.
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.
