Insider Sale: Director Thomas Mccarvel Sells Shares of Eagle Bancorp Montana Inc (EBMT)

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Nov 14, 2024
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On November 12, 2024, Thomas Mccarvel, Director at Eagle Bancorp Montana Inc (EBMT, Financial), executed a sale of 1,090 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 38,417 shares of Eagle Bancorp Montana Inc.

Eagle Bancorp Montana Inc operates as a bank holding company for Opportunity Bank of Montana that provides various retail banking products and services in Montana. The company offers a range of commercial and consumer loan services, including real estate, construction, and mortgage loans, as well as oversees deposit accounts such as savings and checking accounts.

Over the past year, Thomas Mccarvel has sold a total of 1,090 shares and has not made any purchases of the company's stock. The insider transaction history for Eagle Bancorp Montana Inc shows a pattern of more sales than buys among insiders, with 10 sales and only 2 buys over the last year.

Shares of Eagle Bancorp Montana Inc were trading at $17 on the day of the sale. The company has a market cap of $135.885 million. The price-earnings ratio stands at 15.69, which is above both the industry median of 10.81 and the company's historical median.

According to the GF Value, the intrinsic value estimate for Eagle Bancorp Montana Inc is $12.24 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.39.

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This sale comes at a time when the stock is considered significantly overvalued according to GuruFocus' proprietary GF Value. The valuation metrics suggest caution, as the current share price exceeds the calculated intrinsic value significantly.

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.

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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.