On November 6, 2024, Dennis Hannah, Executive Vice President of BancFirst Corp (BANF, Financial), executed a sale of 10,543 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now directly owns 1,564 shares of BancFirst Corp.
BancFirst Corp, headquartered in Oklahoma City, operates as the bank holding company for BancFirst, a regional bank providing a range of commercial banking services to retail customers and small to medium-sized businesses.
Over the past year, Dennis Hannah has sold a total of 42,543 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 63 insider sells and only 4 insider buys over the past year.
Shares of BancFirst Corp were trading at $126.58 on the day of the transaction. The company has a market cap of approximately $4.07 billion. The price-earnings ratio stands at 19.73, which is above both the industry median of 10.69 and the company's historical median.
The stock's valuation, according to the GF Value, is set at $98.51, indicating that with a current price of $126.58, BancFirst Corp is modestly overvalued with a price-to-GF-Value ratio of 1.28.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale 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.
