Division CEO A Anderson Sells Shares of Zions Bancorp NA
Zions Bancorp NA (NASDAQ:ZION), a financial services company providing a range of banking and related services primarily in Utah, Idaho, Texas, and California, has reported an insider sale according to a recent SEC filing. Division CEO A Anderson sold 4,093 shares of the company on January 26, 2024. The transaction was executed at an average price of $44.25 per share, resulting in a total value of $181,116.75.
Over the past year, the insider has sold a total of 4,349 shares and has not made any purchases of the company's stock. This latest transaction continues a pattern of insider sales at Zions Bancorp NA, with a total of 15 insider sells and 5 insider buys over the past year.
Shares of Zions Bancorp NA were trading at $44.25 on the day of the sale, giving the company a market capitalization of $6.656 billion. The price-earnings ratio of the stock stands at 10.33, which is above the industry median of 9.345 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is currently at 0.7, indicating that Zions Bancorp NA is modestly undervalued according to the GF Value estimate. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider transactions at Zions Bancorp NA, providing a visual representation of the buying and selling activities of the company's insiders.
The GF Value image provides an insight into the stock's valuation, suggesting that Zions Bancorp NA's shares are currently trading below the intrinsic value estimate developed by GuruFocus.
For more detailed information on insider transactions and stock valuations, investors and analysts are encouraged to visit the SEC filing and the GuruFocus website.
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.
This article first appeared on GuruFocus.
