On November 4, 2024, Director Painter John P II purchased 290 shares of Citizens Financial Services Inc (CZFS, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 1,904.3703 shares in the company.
Citizens Financial Services Inc operates as a bank holding company, which through its subsidiary, provides banking and related services to individual and corporate customers. The company's services include personal banking, business banking, and wealth management.
The shares were acquired at a price of $56.65 per share, valuing the transaction at approximately $16,428.50. This acquisition reflects a continued confidence in the company's prospects, aligning with the insider's investment strategy.
Over the past year, there have been three insider buys and one sell within the company, indicating a generally positive sentiment among those with intimate knowledge of the company's operations and market position.
As of the latest transaction, Citizens Financial Services Inc has a market cap of $281.965 million. The stock's price-earnings ratio stands at 10.29, which is slightly lower than the industry median of 10.42, suggesting a potentially undervalued status relative to its peers.
The GF Value of $60.87 indicates that the stock is Fairly Valued, with a price-to-GF-Value ratio of 0.93. This assessment is based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.
This insider buy could signal a positive outlook from the insider on the financial health and future growth of Citizens Financial Services Inc.
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.
