Insider Selling: BancFirst EVP Sells 1,500 Shares of Stock (BANF)
BancFirst (NASDAQ:BANF) EVP Darryl Schmidt sold 1,500 shares of the company’s stock on the open market in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $61.25, for a total value of $91,875.00. Following the completion of the sale, the executive vice president now directly owns 2,500 shares in the company, valued at approximately $153,125. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of BancFirst from $59.00 to $61.00 in a research note on Monday, July 21st. They now have a “market perform” rating on the stock.
Shares of BancFirst (NASDAQ:BANF) traded down 1.26% during mid-day trading on Friday, hitting $60.13. 14,428 shares of the company’s stock traded hands. BancFirst has a 52-week low of $50.26 and a 52-week high of $64.31. The stock has a 50-day moving average of $61.49 and a 200-day moving average of $57.97. The company has a market cap of $925.9 million and a P/E ratio of 16.59.
BancFirst (NASDAQ:BANF) last announced its earnings results on Thursday, July 17th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.05. During the same quarter in the previous year, the company posted $0.81 earnings per share. Analysts expect that BancFirst will post $3.74 EPS for the current fiscal year.
BancFirst Corporation is financial holding company and a bank holding company. The Company conducts all of its operating activities through its principal wholly owned subsidiary, BancFirst (NASDAQ:BANF), a state-chartered bank in Oklahoma City, Oklahoma.
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