On December 13, 2024, [Kim Vangelder](https://www.gurufocus.com/insider/46303/kim-vangelder), a Director at Financial Institutions Inc, purchased 600 shares of the company, as reported in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/862831/000095017024136619/xslF345X01/ownership.xml). This transaction increases the insider's total holdings to 27,713 shares.
Financial Institutions Inc (FISI, Financial) is a financial services company that provides a range of banking and financial services to individuals and businesses. The company operates through its subsidiaries, offering services such as commercial and consumer banking, mortgage lending, and wealth management.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been 15 insider buys and no insider sells, indicating a pattern of acquisition among company insiders.
On the day of the purchase, shares of Financial Institutions Inc were trading at $25 each, resulting in a [market cap](https://www.gurufocus.com/term/mktcap/FISI) of $447.526 million. The company's [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/FISI) stands at 9.09, which is lower than the industry median of 10.845 and below the company's historical median price-earnings ratio.
The [GF Value](https://www.gurufocus.com/term/gf-value/FISI) of Financial Institutions Inc is estimated at $21.29, giving the stock a price-to-GF-Value ratio of 1.17. 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-sales ratio](https://www.gurufocus.com/term/ps-ratio/FISI), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/FISI), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/FISI). 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.
