On December 4, 2024, Randee Koger, a Director at Equity Bancshares Inc, acquired 500 shares of the company, as reported in the SEC Filing. Following this transaction, the insider now holds a total of 61,101 shares.
Equity Bancshares Inc (EQBK, Financial) is a financial holding company that provides a range of financial services primarily to businesses, business owners, and individuals through its wholly-owned banking subsidiary, Equity Bank.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been 7 insider buys and 10 insider sells. This indicates a mixed sentiment among insiders regarding the company's stock.
On the day of the purchase, shares of Equity Bancshares Inc were trading at $44.5, resulting in a market cap of $735.737 million. The company's price-earnings ratio stands at 43.75, which is higher than the industry median of 10.88 and also above the company's historical median price-earnings ratio.
The GF Value of Equity Bancshares Inc is estimated at $35.28, leading to a price-to-GF-Value ratio of 1.26. 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-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates 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.
