Director Raymond O'Conor sold 2,000 shares of Arrow Financial Corp (AROW, Financial) on November 4, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 39,496 shares of the company.
Arrow Financial Corp operates as the bank holding company for Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company, providing commercial and consumer banking, and financial products in northeastern New York. The company's shares were trading at $28.5 on the day of the transaction, giving it a market cap of $484.104 million.
Over the past year, Raymond O'Conor has sold a total of 12,000 shares and has not purchased any shares. The insider transaction history for Arrow Financial Corp shows a total of 4 insider buys and 5 insider sells over the past year.
The company's price-earnings ratio is 14.76, which is above both the industry median of 10.42 and the company’s historical median. Arrow Financial Corp's stock is considered Fairly Valued with a price-to-GF-Value ratio of 0.96, based on a GF Value of $29.56.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors and evaluating the stock's fair valuation.
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.
