Dominic Canuso, Executive Vice President and Chief Financial Officer of Capital Bancorp Inc (CBNK, Financial), purchased 1,000 shares of the company on November 4, 2024. The transaction was documented in a recent SEC Filing. Following this acquisition, the insider now owns 2,000 shares of Capital Bancorp Inc.
Capital Bancorp Inc operates as a bank holding company for Capital Bank, N.A., which provides financial services including personal banking, business banking, and wealth management. The company is headquartered in Rockville, Maryland.
On the date of the purchase, shares of Capital Bancorp Inc were priced at $25.52. The company's market cap stood at approximately $417.456 million.
The price-earnings ratio of Capital Bancorp Inc is currently 10.84, which is above both the industry median of 10.42 and the company’s historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $23.97, making the price-to-GF-Value ratio 1.06. This valuation suggests that the stock is Fairly Valued.
Over the past year, there have been three insider buys and no insider sells at Capital Bancorp Inc. The insider transaction trend indicates a positive sentiment among the executives and board members about the company's future prospects.
Insider buying can often be a signal about the future direction of a company's stock price, especially when it comes from high-ranking executives like Dominic Canuso. Investors and analysts closely monitor such transactions as they may indicate strategic moves by the company's insiders based on their expectations of the company's future performance.
For more detailed information on insider transactions and stock performance, visit the profiles and analytics 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.
