On November 22, 2024, [Scott Ginn](https://www.gurufocus.com/insider/31017/scott-ginn), Director at Investar Holding Corp, purchased 8,475 shares of the company. Following this transaction, the insider now owns a total of 8,475 shares. The details of this transaction can be found in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/1543701/000143774924036158/xslF345X01/rdgdoc.xml).
Investar Holding Corp (ISTR, Financial) is a financial holding company that provides a range of commercial banking products tailored to meet the needs of individuals and small to medium-sized businesses. The company operates through its subsidiary, Investar Bank, which offers services such as commercial and retail lending, deposit services, and cash management.
The insider transaction history for Investar Holding Corp indicates that there has been one insider buy and one insider sell over the past year. Over the same period, [Scott Ginn](https://www.gurufocus.com/insider/31017/scott-ginn) has purchased a total of 8,475 shares and has not sold any shares.
On the day of the recent purchase, shares of Investar Holding Corp were trading at $23.68, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/ISTR) of $239.418 million. The company's [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/ISTR) stands at 13.61, which is higher than the industry median of 10.7 but lower than the company's historical median price-earnings ratio.
The [GF Value](https://www.gurufocus.com/term/gf-value/ISTR) for Investar Holding Corp is estimated at $16.07, resulting in a price-to-GF-Value ratio of 1.47. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/ISTR), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/ISTR), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/ISTR), along with a GuruFocus adjustment factor and future business performance estimates 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.
