On November 1, 2024, Tejraj Hada, a Director at Greene County Bancorp Inc (GCBC, Financial), purchased 2,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 8,650.885 shares of Greene County Bancorp Inc.
Greene County Bancorp Inc operates as a federally chartered savings bank providing a variety of financial services to individuals and small businesses through its branch offices in Greene County, New York.
The shares were acquired at a price of $28 per share, valuing the transaction at $56,000. This acquisition has increased the insider's stake in the company significantly.
Over the past year, there have been a total of 2 insider buys and 3 insider sells at Greene County Bancorp Inc. The recent purchase by Tejraj Hada marks a continued interest from the insider in investing in the company amidst its current market valuation.
The stock currently holds a market cap of $479.135 million. With a price-earnings ratio of 19.41, the stock trades higher than both the industry median and its historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $24.20, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.16.
This insider buy could signal a positive outlook from the director, despite the stock's current valuation above its GF Value. Investors often look at insider transactions as a sign of confidence in the company's future prospects.
For more detailed information on Greene County Bancorp Inc's financial metrics such as price-sales ratio, price-book ratio, and price-to-free cash flow, interested parties can explore further on GuruFocus.
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.
