On November 6, 2024, Michael Listner, Senior Vice President and Chief Risk Officer of Orange County Bancorp Inc (OBT, Financial), sold 589 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 3,072 shares of Orange County Bancorp Inc.
Orange County Bancorp Inc operates as a bank holding company for Orange Bank & Trust Company which provides a variety of banking and trust services to individuals and businesses in the United States. The company's services include checking accounts, savings products, loans, and investment management.
Over the past year, Michael Listner has sold a total of 1,066 shares and has not purchased any shares of the company. This recent sale is part of a broader trend observed within the company, where there have been 10 insider sells and only 1 insider buy over the past year.
Shares of Orange County Bancorp Inc were trading at $59.4 on the day of the sale. The company has a market cap of $340.448 million. The price-earnings ratio of the stock stands at 11.72, which is above the industry median of 10.67.
According to the GF Value, the intrinsic value of the stock is estimated at $50.22, making the price-to-GF-Value ratio 1.18. This suggests that Orange County Bancorp Inc is modestly overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of the company's future performance and valuation adjustments.
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.
