Kenneth Knuckles Increases Stake in Carver Bancorp Inc

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On November 25, 2024, Kenneth Knuckles, 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 owns a total of 9,982 shares. The purchase was documented in an SEC Filing. Carver Bancorp Inc is a holding company for Carver Federal Savings Bank, which provides consumer and commercial banking services. The company operates primarily in the New York City metropolitan area, offering a range of financial products and services. The insider transaction history for Carver Bancorp Inc indicates a trend of insider buying, with five insider purchases and no insider sales over the past year. This trend is illustrated in the image below. 1861862908766613504.png On the day of the recent purchase, shares of Carver Bancorp Inc 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. 1861863092300967936.png 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.

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