On February 26, 2025, Steve Foster, a Director at LCNB National Bank, purchased 1,000 shares of LCNB Corp (LCNB, Financial). Following this transaction, the insider now holds a total of 45,049 shares in the company. The transaction details are available in the SEC Filing. LCNB Corp is a financial holding company that provides a range of banking services through its subsidiary, LCNB National Bank. The company offers personal and business banking services, including checking and savings accounts, loans, and investment services. The recent purchase by Steve Foster is part of a broader trend of insider activity at LCNB Corp. Over the past year, there have been 11 insider buys and 2 insider sells. The insider's recent acquisition of shares aligns with the overall buying trend among company insiders. On the day of the purchase, shares of LCNB Corp were trading at $14.70, giving the stock a market cap of $209.088 million. The company's price-earnings ratio stands at 15.27, which is higher than the industry median of 10.65 and also higher than the company's historical median price-earnings ratio. The stock's price of $14.70 compared to its GF Value of $14.03 results in a price-to-GF-Value ratio of 1.05, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts. This insider buying activity by Steve Foster reflects a continued interest in the company's stock, aligning with the overall insider buying trend at LCNB Corp.
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.
