Wintrust Financial Corp (WTFC, Financial), a financial holding company offering community and commercial banking services as well as wealth management solutions, has reported an insider sell according to a recent SEC filing. Jeffrey Hahnfeld, the company's EVP-Controller & Chief Accounting Officer, sold 1,322 shares of the company on February 29, 2024.
Jeffrey Hahnfeld’s transaction history over the past year shows that the insider has sold a total of 1,910 shares and has not made any purchases of the company's stock.
The insider transaction history for Wintrust Financial Corp indicates a trend of more insider selling than buying over the past year, with 3 insider buys and 7 insider sells recorded.
On the day of the sale, shares of Wintrust Financial Corp were trading at $97.08, giving the company a market capitalization of $5.947 billion.
The price-earnings ratio of Wintrust Financial Corp stands at 10.13, which is higher than the industry median of 9.26 but lower than the company's historical median price-earnings ratio.
With the current share price of $97.08 and a GuruFocus Value of $101.81, Wintrust Financial Corp has a price-to-GF-Value ratio of 0.95, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
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.
