Amy Wiles, the Executive Vice President, Chief Risk and Credit Officer of NBT Bancorp Inc (NBTB, Financial), sold 1,000 shares of the company on November 7, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 27,909 shares of the company.
Over the past year, Amy Wiles has sold a total of 2,197 shares and has not purchased any shares. This recent sale is part of a broader trend observed at NBT Bancorp Inc, where there have been 9 insider sells and 3 insider buys over the past year.
NBT Bancorp Inc, headquartered in Norwich, New York, operates as the bank holding company for NBT Bank, N.A. that provides commercial banking and financial services to individuals, corporations, and municipalities.
On the date of the sale, shares of NBT Bancorp Inc were trading at $50.1. This pricing gives the company a market cap of approximately $2.32 billion. The price-earnings ratio of the stock stands at 17.32, which is above both the industry median of 10.69 and the company’s historical median.
According to the GF Value, the intrinsic value of NBT Bancorp Inc is estimated at $40.05 per share, making the stock Modestly Overvalued with a price-to-GF-Value ratio of 1.25.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and expected future business outcomes.
This sale by the insider might be of interest to current and potential investors, providing 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.
