Insider Selling at Pacific Premier Bancorp Inc: Sr. EVP, Chief Human Resources Officer Margaret Ohlhaver Sells 9,273 Shares

Author's Avatar
4 days ago
Article's Main Image

Margaret Ohlhaver, Sr. EVP, Chief Human Resources Officer at Pacific Premier Bancorp Inc (PPBI, Financial), executed a sale of 9,273 shares of the company on November 7, 2024. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now directly owns 25,475 shares in the company.

Over the past year, Margaret Ohlhaver has sold a total of 9,273 shares of Pacific Premier Bancorp Inc and has not made any purchases of the stock.

Pacific Premier Bancorp Inc, based in Irvine, California, operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations in the United States.

The insider transaction history at Pacific Premier Bancorp Inc shows a trend with 2 insider buys and 9 insider sells over the past year.

On the valuation front, shares of Pacific Premier Bancorp Inc were trading at $27.96 on the day of the insider's recent transaction. This pricing gives the company a market cap of approximately $2.694 billion.

According to the GF Value, the intrinsic value estimate for Pacific Premier Bancorp Inc is $18.69 per share, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.5.

The GF Value is determined by considering historical multiples such as 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.

1855007830688559104.png

1855007923953102848.png

This recent insider sell might provide investors with an opportunity to scrutinize the stock, especially considering its current valuation and trading price in relation to its GF Value.

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.