On November 25, 2024, Craig Mackay, a Director at Carver Bancorp Inc, purchased 59,880 shares of the company, as reported in the SEC Filing. Following this transaction, the insider now owns a total of 64,880 shares of Carver Bancorp Inc. Carver Bancorp Inc (CARV, Financial) is a financial institution that provides banking services primarily to African-American communities. The company offers a range of financial products and services, including savings accounts, checking accounts, and loans. The insider's recent purchase is part of a broader trend of insider buying at Carver Bancorp Inc. Over the past year, there have been five insider buys and zero insider sells, indicating a positive sentiment among insiders towards the company's prospects.
On the day of the purchase, shares of Carver Bancorp Inc were trading at $1.67, giving the stock a market cap of $9.356 million. The stock's GF Value is estimated at $3.41, resulting in a price-to-GF-Value ratio of 0.49. This suggests that the stock is 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 price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance 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.