Equity Bancshares Inc CEO Richard Sems Purchases Additional Shares

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Dec 05, 2024
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On December 4, 2024, Richard Sems, CEO of Equity Bank, acquired 1,100 shares of Equity Bancshares Inc (EQBK, Financial). Following this transaction, the insider now holds a total of 12,009 shares in the company. This purchase is documented in the SEC Filing. Equity Bancshares Inc is a financial holding company that provides a range of financial services primarily to businesses and individuals in Kansas, Missouri, Arkansas, and Oklahoma. The company operates through its subsidiary, Equity Bank. The insider transaction history for Equity Bancshares Inc indicates a total of seven insider purchases and ten insider sales over the past year. This recent acquisition by Richard Sems marks the only purchase by the insider in the past year, with no shares sold during this period. 1864792030060900352.png On the day of the purchase, shares of Equity Bancshares Inc were trading at $44.50, 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 for 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. 1864792079767597056.png 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 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.

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