Eagle Bancorp Montana Inc Director Kenneth Walsh Sells 9,118 Shares

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Kenneth Walsh, a director at Eagle Bancorp Montana Inc (NASDAQ:EBMT), executed a sale of 9,118 shares in the company on February 6, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $13.18 per share, resulting in a total value of $120,195.24.

Eagle Bancorp Montana Inc is a bank holding company which, through its subsidiary, provides various retail banking products and services in Montana. The company offers a range of deposit and loan products and services, including real estate, commercial, agricultural, and consumer loans, as well as mortgage origination services. It operates through a network of banking offices.

Over the past year, the insider has sold a total of 15,448 shares and has not made any purchases. The recent sale by Kenneth Walsh follows a pattern of insider transactions at Eagle Bancorp Montana Inc, where there have been 7 insider buys and 6 insider sells over the past year.

Eagle Bancorp Montana Inc Director Kenneth Walsh Sells 9,118 Shares
Eagle Bancorp Montana Inc Director Kenneth Walsh Sells 9,118 Shares

On the valuation front, Eagle Bancorp Montana Inc's shares were trading at $13.18 on the day of the insider's sale, giving the company a market capitalization of $103.737 million. The price-earnings ratio stands at 9.95, which is above the industry median of 9.25 but below the company's historical median price-earnings ratio.

The stock's price relative to the GuruFocus Value (GF Value) indicates that Eagle Bancorp Montana Inc is currently modestly undervalued. With a share price of $13.18 and a GF Value of $17.28, the price-to-GF-Value ratio is 0.76.

Eagle Bancorp Montana Inc Director Kenneth Walsh Sells 9,118 Shares
Eagle Bancorp Montana Inc Director Kenneth Walsh Sells 9,118 Shares

The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.

Investors and analysts often monitor insider transactions as they can provide insights into how the company's executives and directors view the stock's value and future prospects. The recent sale by the insider at Eagle Bancorp Montana Inc may attract attention from the market as stakeholders evaluate the implications of such insider activity.

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.

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