The latest data from GuruFocus shows that EVP/CFO N/A bought 5000 shares of First Financial Bankshares Inc (FFIN) on 2023-02-06.
When insiders buy shares of their company’s stock, it can often be a positive sign. It could signal that insiders are turning bullish on the future of their company. Insiders know far more about their company than the general public does, so it is worth paying attention to their trades. With this in mind, let’s take a look at this insider buy to see if First Financial Bankshares Inc deserves the attention of investors.
Michelle Hickox’s trades
Over the past year, Michelle Hickox has purchased 0 shares in total.
This means that Michelle Hickox has been buying their company’s stock over the long term. This could be a positive sign for the stock’s future.
Insider trends
Some investors may wonder whether one insider’s buys are that important. Are other insiders buying the stock as well, or are other insiders selling?
The insider transaction history for First Financial Bankshares Inc shows than there have been 26 insiders buys in total over the past year. Meanwhile, there have been 0 insider sells over the same timeframe.
We like to see more insider buys compared to insider sells. This indicates a bullish trend among the company’s top executives and owners. The more insiders are buying, the more likely it is that the stock is undervalued.
Valuation
Shares of First Financial Bankshares Inc were trading for $37.95 apice on the day of Michelle Hickox’s recent buy. This gives the stock a market cap of $5401.004 Millions.
The price-earnings ratio is 23.28, which is higher than the industry median of 10 and lower than the company’s historical median price-earnings ratio.
With a price of $37.95 and a GuruFocus Value $45.94, First Financial Bankshares Inc has a price-to-GF-Value ratio of 0.83. This means the stock is Modestly Undervalued based on its GF Value.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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