On November 25, 2024, JACKSON PAZEL G JR, a Director at Carver Federal Savings Bank, a subsidiary of Carver Bancorp Inc (CARV, Financial), purchased 8,982 shares of the company. Following this transaction, the insider now holds a total of 15,308 shares. The purchase was documented in a SEC Filing.
Carver Bancorp Inc is a holding company for Carver Federal Savings Bank, which provides a range of consumer and commercial banking services. The company operates primarily in the New York City metropolitan area, offering products such as savings accounts, checking accounts, and loans.
The insider's recent acquisition is part of a broader trend within the company. Over the past year, there have been five insider buys and no insider sells, indicating a positive sentiment among those closely associated with the company.
On the day of the purchase, Carver Bancorp Inc's shares were trading at $1.67, resulting in a market cap of $9.356 million. The stock's GF Value is estimated at $3.41, giving it a price-to-GF-Value ratio of 0.49. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company's past returns and growth, along with future business performance estimates from Morningstar analysts.
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.
