On August 23, 2024, Peter Johnson, Director at Eagle Bancorp Montana Inc (NASDAQ:EBMT), completed a sale of 7,935 shares of the company’s stock. The transaction was reported through an SEC filing on the same day. Following this transaction, the insider now owns 61,139 shares of Eagle Bancorp Montana Inc.

Eagle Bancorp Montana Inc. is a bank holding company for Opportunity Bank of Montana, which provides various retail banking products and services in Montana. The company offers a range of deposit and lending products and services.

Over the past year, Peter Johnson has sold a total of 18,000 shares and purchased no shares. This latest sale continues a trend seen at the company where insider transactions have been predominantly sales. Over the past year, there were 8 insider sales and only 2 insider purchases.

Eagle Bancorp Montana Inc.’s stock price was $14.26 on the day of the transaction. The company has a market capitalization of $118.648 million. Its price-to-earnings ratio is 13.70, which is above the industry average of 10.06.

The stock is considered fairly valued with a price-to-GF ratio of 1.04, based on a GF value of $13.70. The GF value is calculated by taking into account historical trading multiples, an adjustment factor based on past performance and estimates of future business development.

This insider sale may be of interest to investors who follow insider behavior as an indicator of the company’s future performance and valuation.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.