On November 1, 2024, Han Sam Sang Ki, a Director at Flushing Financial Corp (FFIC, Financial), executed a sale of 10,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 67,251 shares of Flushing Financial Corp.
Flushing Financial Corp operates as the bank holding company for Flushing Bank, providing banking products and services primarily to consumers and businesses in New York. The company offers various deposit products and emphasizes on loan operations, commercial mortgages, and consumer financing.
Over the past year, the insider transaction history at Flushing Financial Corp shows a trend with 1 insider buy and 7 insider sells. Specifically, Han Sam Sang Ki has sold a total of 10,000 shares and has not made any purchases in the same period.
On the valuation front, Flushing Financial Corp's shares were priced at $15.47 on the day of the insider's recent transaction. This pricing gives the company a market cap of approximately $445.048 million. The price-earnings ratio stands at 17.60, which is above both the industry median of 10.38 and the historical median for the company.
According to the GF Value assessment, Flushing Financial Corp is considered Fairly Valued with a price-to-GF-Value ratio of 1.01. The GF Value is a proprietary measure used to determine the fair value of a stock, taking into account historical trading multiples, an adjustment factor based on past performance, and expected future business outcomes.
This recent insider sell by Han Sam Sang Ki might provide investors with different perspectives on their investment strategies, considering the current valuation metrics and the overall insider trading trend at Flushing Financial Corp.
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.
