On October 28, 2024, Leslie Rainbolt, Director and 10% Owner of BancFirst Corp (BANF, Financial), executed a sale of 24,421 shares of the company at a price of $110.78 per share. This transaction was documented in an SEC Filing. Following this sale, the insider now 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 90,001 shares and has not made any purchases of the company's stock. The insider transaction history for BancFirst Corp shows a pattern of more sales than buys among insiders, with 60 sales and 4 buys over the last year.
Shares of BancFirst Corp were trading at $110.78 on the day of the sale, giving the company a market cap of approximately $3.685 billion. The price-earnings ratio of the stock stands at 17.89, which is above both the industry median of 10.53 and the company's historical median.
The stock's valuation according to the GF Value is $95.93, indicating that at a price of $110.78, BancFirst Corp is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.15.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into how insiders are reacting to the stock's current valuation and market conditions.
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.
