Insider Sale: EVP & Chief Credit Officer Ryan Mauer Sells 12,132 Shares of WaFd Inc (WAFD)

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Nov 06, 2024
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On November 4, 2024, Ryan Mauer, the Executive Vice President and Chief Credit Officer of WaFd Inc (WAFD, Financial), executed a sale of 12,132 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 100,376 shares of WaFd Inc.

WaFd Inc operates as a bank holding company for Washington Federal Bank, which provides lending, depository, insurance, and other banking services to consumers. The company, headquartered in Seattle, Washington, primarily serves clients in the Western United States.

Over the past year, the insider has sold a total of 12,132 shares and has not purchased any shares. This recent sale is part of a broader trend observed over the last year, where WaFd Inc has seen a total of three insider sales and no insider buys.

Shares of WaFd Inc were priced at $33.33 on the day of the sale. The company's market cap is approximately $2.76 billion. The price-earnings ratio stands at 13.71, which is above both the industry median of 10.38 and the historical median for the company.

The stock's valuation according to the GF Value is $31.92, leading to a price-to-GF-Value ratio of 1.04, indicating that the stock is Fairly Valued.

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This insider sale could be of interest to investors tracking insider behaviors as an indicator of company performance and valuation perspectives. WaFd Inc's financial health and market position can be further analyzed by considering its price-sales ratio, price-book ratio, and price-to-free cash flow metrics, alongside historical trading multiples and future business performance estimates.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.