On November 11, 2024, Director CROSS JAMES W IV sold 5,000 shares of FB Financial Corp (FBK, Financial) at a price of $58.22 per share. This transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 54,078 shares of the company.
FB Financial Corp operates as a bank holding company for FirstBank, which provides a variety of banking services. Its offerings include deposits, loans, mortgage banking, and financial planning.
Over the past year, the insider has sold a total of 5,000 shares and has not purchased any shares. This recent sale is the only insider sell recorded over the past year, compared to 11 insider buys during the same period.
The shares of FB Financial Corp were trading at $58.22 on the day of the sale, giving the company a market cap of approximately $2.64 billion. The price-earnings ratio of the company stands at 24.68, which is above the industry median of 10.81 and also higher than the company's historical median.
According to the GF Value, the intrinsic value of FB Financial Corp is estimated at $34.70 per share, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.68.
This valuation is based on historical trading multiples, a GuruFocus adjustment factor related to past returns and growth, and future business performance estimates from Morningstar analysts.
The recent insider selling activity and the current valuation metrics provide important data points for investors monitoring FB Financial Corp's stock performance and insider behaviors.
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.
