According to recent SEC filings, David Sliney, chief operating officer of Stifel Financial Corp.'s subsidiary, Stifel, Nicolaus & Company, Incorporated, announced on March 15, 2024 that Stifel Financial Corp. (NYSE: SF ) sold 20,795 shares. The trades were executed at an average price of $74.68 per share for him, for a total value of approximately $1,553,360.60.
Stifel Financial Corp is a financial services holding company that operates banking, securities and financial services businesses through several wholly owned subsidiaries. Its principal broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, provides securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, corporations, and local governments. It offers.
This insider sold a total of 20,795 shares of Stifel Financial Corp. stock in the past year, but did not buy any shares. Recent sales by David Sliney represent a continuation of this sales trend.
Stifel Financial Corp's insider trading history shows a pattern of insider activity. In the past year, there was only one case of insider buying, but there were six cases of insider selling, indicating that the trend is toward selling transactions between insiders.
In terms of valuation, Stifel Financial Corp's stock was trading at $74.68 on the day of the insider sale, giving the company a market capitalization of $7.613 billion. The price-to-earnings ratio is 17.30, which is slightly lower than the industry median of 17.83, but higher than the company's historical median price-to-earnings ratio.
With a current price of $74.68 and a GF value of $65.98, Stifel Financial Corp. is considered moderately overvalued with a price to GF value ratio of 1.13, according to GuruFocus Value chart. GF Value is an estimate of intrinsic value that takes into account historical trading multiples, GuruFocus adjustment factors based on past earnings and growth, and Morningstar analyst forecasts of future performance.
Recent insider selling by David Sliney may give investors an idea of an insider's view of the stock's current valuation. However, investors should also consider broader market conditions, the company's financial performance, and investment strategy when evaluating this insider trading.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
