Insider Sell Alert: Godfrey Evans Sells Shares of HomeStreet Inc (HMST)

Author's Avatar
Nov 27, 2024
Article's Main Image

On November 26, 2024, Godfrey Evans, Executive Vice President - General Counsel of HomeStreet Bank, a subsidiary of HomeStreet Inc (HMST, Financial), sold 4,636 shares of the company. Following this transaction, the insider now owns 67,049 shares of HomeStreet Inc. The details of this transaction can be found in the SEC Filing. HomeStreet Inc is a diversified financial services company headquartered in Seattle, Washington. The company provides commercial and consumer banking services, mortgage banking, and other financial services. HomeStreet Inc operates through its subsidiaries, including HomeStreet Bank, which offers a range of financial products and services to individuals and businesses. 1861591136561426432.png The insider transaction history for HomeStreet Inc indicates that there has been 1 insider buy and 3 insider sells over the past year. Godfrey Evans has sold a total of 4,636 shares in the past year and has not purchased any shares during this period. 1861591225992376320.png As of the date of the recent transaction, shares of HomeStreet Inc were trading at $11.55, giving the stock a market cap of $216.108 million. The stock's GF Value is estimated at $14.24, resulting in a price-to-GF-Value ratio of 0.81. This suggests that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.