Insider Buying: Donald Boswell Acquires Shares of Financial Institutions Inc (FISI)

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Dec 17, 2024

On December 13, 2024, Donald Boswell, a Director at Financial Institutions Inc, purchased 800 shares of the company. Following this transaction, the insider now owns a total of 15,295 shares. The purchase was documented in an SEC Filing. 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 transaction history for Financial Institutions Inc indicates a trend of insider buying, with 15 insider purchases and no insider sales over the past year. This trend is illustrated in the image below. 1868808900330024960.png On the day of the recent purchase, shares of Financial Institutions Inc were trading at $25 each, resulting in a market cap of $447.526 million. The company's price-earnings ratio stands at 9.09, which is lower than the industry median of 10.845 and also below the company's historical median price-earnings ratio. The GF Value for Financial Institutions Inc is estimated at $21.29, leading to a price-to-GF-Value ratio of 1.17. This suggests that the stock is significantly overvalued based on its GF Value, as depicted in the image below. 1868808927865630720.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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