May 1, 2024 Daniel BrayChief Risk Officer, Webster Financial Corp.New York Stock Exchange:WBS), sold 2,280 shares of the company’s stock. This transaction was filed on the same day. SEC.
Webster Financial Corporation (New York Stock Exchange:WBS) is a banking and financial services holding company that provides a wide range of banking, investment and financial services. The company operates through various branches and subsidiaries and provides services such as commercial banking, consumer banking, and insurance.
Over the past year, insiders sold a total of 5,530 shares, but bought none. This recent sale is part of a broader trend within Webster Financial Corp. There have been 13 insider sales and no insider buys over the past year.
Webster Financial Corporation’s stock traded at $44.8 on the day of the sale, and the company Market capitalization Approximately $7.73 billion.of stock price earnings ratio The stock trades at a price of 9.18x, below both the industry median of 9.415x and the company’s historical median.
by GF value, Webster Financial Corp.’s Price to GF Value ratio is 0.84, indicating that the stock is moderately undervalued. GF Value is calculated based on historical trading multiples, adjustment factors from GuruFocus, and future earnings estimates from analysts.
The image above depicts insider trading trends, highlighting recent activity by Webster Financial Corp insiders.
The GF Value image provides a visual representation of the valuation compared to a stock’s intrinsic value, suggesting that Webster Financial Corp is currently trading below its GF Value.
This sale by Daniel Bray is consistent with the pattern of insider selling at Webster Financial Corporation, with the stock’s current valuation being modestly undervalued according to GuruFocus metrics.
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.
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