On November 6, 2024, Lester Sussman, Director of East West Bancorp Inc (EWBC, Financial), executed a sale of 1,000 shares of the company at a price of $105.94 per share. This transaction was documented in a recent SEC Filing. Following this sale, the insider now directly owns 23,573 shares of the company.
East West Bancorp Inc (EWBC, Financial) operates as the holding company for East West Bank, providing a range of financial services. The bank serves consumers and businesses in the United States and Greater China and is involved in various banking sectors, including commercial and retail banking, investment services, and wealth management.
Over the past year, insider transaction trends at East West Bancorp Inc have shown a total of 16 insider sales and no insider buys. The insider, Lester Sussman, has sold a total of 1,000 shares and has not purchased any shares within this timeframe.
As of the latest transaction, East West Bancorp Inc's shares were trading at $105.94, giving the company a market cap of approximately $14.12 billion. The price-earnings ratio stands at 12.86, which is above both the industry median of 10.69 and the company's historical median.
According to the GF Value assessment, East West Bancorp Inc is currently significantly overvalued. The GF Value, set at $74.79, suggests a price-to-GF-Value ratio of 1.42, indicating that the stock's current price is higher than its intrinsic value as estimated by GuruFocus.
This valuation is based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for expected future business performance.
The recent insider selling activity, coupled with the stock's valuation metrics, provides critical data points for investors monitoring East West Bancorp Inc's stock performance and insider behaviors.
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.
