On November 7, 2024, Director Stephen Schmidt sold 4,209 shares of Waterstone Financial Inc (WSBF, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 70,078 shares of the company.
Waterstone Financial Inc operates as a savings and loan holding company. The company's principal business consists of attracting retail deposits from the general public and investing those deposits together with funds generated from operations and borrowings in retail and commercial real estate loans, and, to a lesser extent, residential mortgage loans, home equity loans and lines of credit, and commercial business loans.
Over the past year, Stephen Schmidt has sold a total of 9,190 shares of the company and has not made any purchases. This recent transaction continues a trend seen over the last year, where there have been 8 insider sells and no insider buys.
Shares of Waterstone Financial Inc were trading at $16.04 on the day of the transaction. The company has a market cap of $303.771 million. The price-earnings ratio of the stock is 21.54, which is above both the industry median of 10.69 and the company's historical median.
The stock's GF Value is estimated at $13.13, indicating a price-to-GF-Value ratio of 1.22. This suggests that Waterstone Financial Inc is modestly overvalued.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale could be of interest to investors tracking insider behaviors and evaluating the valuation metrics of Waterstone Financial Inc.
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.
