G. Laney, CEO of National Bank Holdings Corp (NYSE:NBHC), sold 16,063 shares of the company on August 26, 2024. The transaction was reported in a recent SEC filing. Following this sale, the insider now owns 256,026 shares of National Bank Holdings Corp.
National Bank Holdings Corp. is a bank holding company that specializes in providing banking products and financial services to individuals and businesses through various branches primarily in the United States.
Over the last year, G. Laney has sold a total of 65,863 shares and purchased no shares. This recent sale is part of a broader trend seen within the company. Over the last year, there were 11 insider sales and no insider purchases.
On the day of the sale, National Bank Holdings Corp shares were trading at $43.34. The company has a market capitalization of $1.649 billion. The price-to-earnings ratio is 13.14, which is above the industry average of 10.22.
The stock is valued at $40.75 according to GF Value, resulting in a price-to-GF Value ratio of 1.06, indicating that the stock is fairly valued.
The GF value is calculated by taking into account historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio and price-free cash flow, together with a GuruFocus adjustment factor based on past earnings and growth as well as Morningstar analysts’ estimates of future business performance.
This insider sale may be of interest to investors who follow insider behavior and company valuation to understand the broader financial landscape of National Bank Holdings Corp.
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.
