On March 6, 2025, Mark Hanna, President and Chief Executive Officer of Glen Burnie Bancorp, purchased 3,000 shares of the company. Following this transaction, the insider now owns a total of 10,841 shares. The purchase was documented in an SEC Filing. Glen Burnie Bancorp (GLBZ, Financial) is a financial holding company that operates through its subsidiary, The Bank of Glen Burnie. The company provides a range of banking services to individuals and businesses, including deposit accounts, loans, and other financial products. The insider's recent acquisition is part of a broader trend within the company. Over the past year, there have been nine insider buys and no insider sells, indicating a positive sentiment among the company's leadership. Specifically, Mark Hanna has purchased a total of 10,341 shares in the past year without selling any. On the day of the insider's recent purchase, shares of Glen Burnie Bancorp were trading at $5 each, resulting in a market cap of $14.722 million. The stock's GF Value is estimated at $6.76, giving it a price-to-GF-Value ratio of 0.74. This suggests that the stock is modestly undervalued according to its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
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.
