Insider Buying: G Ellithorpe Acquires Shares of United Security Bancshares

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On November 27, 2024, G Ellithorpe, a Director at United Security Bancshares, purchased 1,471 shares of the company. Following this transaction, the insider now owns a total of 86,364.075 shares. The transaction details can be found in the SEC Filing. United Security Bancshares (UBFO, Financial) is a financial institution that provides a range of banking services. The company operates primarily in the banking sector, offering services such as loans, deposits, and other financial products to its customers. 1862648568242925568.png Over the past year, G Ellithorpe has purchased a total of 4,920 shares and has not sold any shares. The insider transaction history for United Security Bancshares shows a total of 20 insider buys and 2 insider sells over the same period. On the day of the recent purchase, shares of United Security Bancshares were trading at $9.79, giving the stock a market cap of $170.282 million. The company's price-earnings ratio is 9.64, which is lower than the industry median of 10.87 and also lower than the company’s historical median price-earnings ratio. 1862648611754635264.png The GF Value for United Security Bancshares is estimated at $8.75, resulting in a price-to-GF-Value ratio of 1.12. This indicates that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

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