On October 30, 2024, Jennifer Smith, Executive Vice President of Zions Bancorp NA (ZION, Financial), sold 4,385 shares of the company. Following this transaction, the insider now owns 24,713.878 shares of Zions Bancorp NA. Details of the sale can be found in the SEC Filing.
Zions Bancorp NA operates as a financial services company in the United States. It provides various banking and related services primarily in Utah, California, Texas, and Arizona. The company offers a range of commercial and retail banking and mortgage lending products and services.
Over the past year, the insider transaction history at Zions Bancorp NA shows a trend of more insider sales than buys. There have been 21 insider sales and only 2 insider buys during this period.
On the valuation front, shares of Zions Bancorp NA were trading at $53.46 on the day of the sale. The company has a market cap of approximately $7.82 billion. The price-earnings ratio stands at 12.06, which is above the industry median of 10.51 but below the company's historical median.
The stock's GF Value is estimated at $50.30, leading to a price-to-GF-Value ratio of 1.06, indicating that the stock is Fairly Valued.
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 provided by Morningstar analysts.
This sale by Jennifer Smith follows a common pattern observed within the company, aligning with the broader insider selling trend over the past year.
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.
