On December 5, 2024, Morris Tharp, a Director at Sierra Bancorp, sold 30,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 9,694 shares of the company.
Sierra Bancorp (BSRR, Financial) is a bank holding company for Bank of the Sierra, which provides a range of retail and commercial banking services. The company operates through its network of branches, offering services such as loans, deposits, and other financial products to individuals and businesses.
Over the past year, Morris Tharp has sold a total of 107,800 shares and has not purchased any shares. The insider transaction history for Sierra Bancorp indicates that there have been 0 insider buys and 14 insider sells over the same period.
On the day of the recent sale, shares of Sierra Bancorp were trading at $30.5 each, giving the stock a market cap of $444.403 million. The company's price-earnings ratio stands at 12.25, which is higher than the industry median of 10.88 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $30.5 and a GF Value of $25.70, Sierra Bancorp has a price-to-GF-Value ratio of 1.19, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.
