On November 4, 2024, Blade Mark Jason Sr, a Director at First Financial Corp (THFF, Financial), purchased 463 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 2,864 shares of First Financial Corp.
First Financial Corp operates as a financial holding company, providing various banking services such as commercial, mortgage, and consumer lending; lease financing; trust account services; depositor services; and insurance services.
Over the past year, Blade Mark Jason Sr has increased his holdings in the company by purchasing a total of 994 shares. There have been no sales recorded by the insider during this period. The overall insider transaction history for First Financial Corp shows a trend with 13 insider buys and only 1 insider sell over the past year, indicating a positive sentiment among the insiders about the company's prospects.
Shares of First Financial Corp were trading at $42.6 on the day of the insider's recent purchase. The company has a market cap of approximately $511.18 million. The price-earnings ratio stands at 11.73, which is above the industry median of 10.42.
According to the GF Value, the intrinsic value of First Financial Corp is estimated at $47.86 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.89.
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 recent acquisition by the insider could be a signal to investors about the potential undervaluation of First Financial Corp based on its current share price compared to its estimated intrinsic value.
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.
