On November 11, 2024, Stephen Schmidt, Director of Waterstone Financial Inc (WSBF, Financial), executed a sale of 5,739 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now directly owns 70,078 shares in the company.
Waterstone Financial Inc operates as the holding company for WaterStone Bank SSB that provides various banking products and services primarily in Southeastern Wisconsin. The company operates in two segments, Community Banking and Mortgage Banking.
Over the past year, Stephen Schmidt has sold a total of 25,809 shares of Waterstone Financial Inc and has not purchased any shares. This recent sale is part of a broader trend observed over the past year, where there have been 10 insider sells and no insider buys.
Shares of Waterstone Financial Inc were trading at $15.78 on the day of the transaction. The company has a market cap of approximately $305.126 million. The price-earnings ratio of the stock stands at 21.63, which is above both the industry median of 10.84 and the company's historical median.
According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of stocks, Waterstone Financial Inc has a GF Value of $13.11. With the current price of $15.78, the stock is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.2.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and market trends.
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.
