On November 4, 2024, Joseph Johnson, Director at Business First Bancshares Inc (BFST, Financial), executed a sale of 8,500 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now directly owns 183,057 shares in the company.
Business First Bancshares Inc operates as the bank holding company for Business First Bank, providing various banking products and services in Louisiana and Texas. The company offers commercial and personal banking services to businesses, professionals, and individuals.
Over the past year, Joseph Johnson has sold a total of 35,874 shares and has not made any purchases. The recent sale on November 4 is part of this ongoing selling trend.
The insider transaction history for Business First Bancshares Inc shows a pattern of more sales than purchases among insiders. Over the past year, there have been 2 insider buys and 13 insider sells.
Shares of Business First Bancshares Inc were trading at $26.35 on the day of the sale, giving the company a market cap of $770.736 million. The price-earnings ratio stands at 11.25, which is above both the industry median of 10.38 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Business First Bancshares Inc is $23.89 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.1.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
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.
