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Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)
Tennessee

Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)

On August 16, 2024, Dave Lopez, Director at BancFirst Corp (NASDAQ:BANF), completed a sale of 1,000 shares of the company’s stock. The transaction was filed with the SEC on the same day. Following this transaction, the insider now owns 0 shares of BancFirst Corp.

BancFirst Corporation is the bank holding company for BancFirst, a regional bank that provides a range of commercial banking services to retail customers and small and medium-sized businesses. The company is headquartered in Oklahoma City, Oklahoma.

The shares were sold at a price of $102.13, giving the transaction a value of $102,130. This sale is part of a broader trend observed over the past year, when the insider sold a total of 4,000 shares. During the same period, there were 25 insider sales and 5 insider purchases among other officers and directors at BancFirst Corp.

BancFirst Corp’s current market capitalization is approximately $3.4 billion. The stock’s price-to-earnings ratio is 17.19, which is above both the industry median and the company’s historical median.

According to GF Value, the intrinsic value of BancFirst Corp stock is estimated at $94.09 per share, making the stock fairly valued at a price-to-value ratio of 1.09 at the time of sale.

Insider Sale: Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)Insider Sale: Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)

Insider Sale: Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)

Insider Sale: Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)Insider Sale: Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)

Insider Sale: Director Dave Lopez sells 1,000 shares of BancFirst Corp (BANF)

This insider sale could be of interest to investors who track ownership changes and evaluate the current valuation of the stock in light of market developments and intrinsic value estimates.

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.

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