On November 27, 2024, Joanne Harrell, a Director at HomeStreet Inc (HMST, Financial), purchased 3,964 shares of the company. Following this transaction, the insider now owns a total of 18,870.842 shares. 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, including mortgage banking, commercial real estate lending, and retail banking.
The insider's recent purchase is part of a broader trend observed over the past year, where Joanne Harrell has acquired a total of 5,649 shares and has not sold any shares. In the same period, HomeStreet Inc has seen 2 insider buys and 3 insider sells.
On the day of the purchase, HomeStreet Inc's shares were trading at $11.6, giving the company 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, indicating that the stock is modestly undervalued.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on 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, along with 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.
