Affinity Bancshares director sells shares worth $2,881

Published 01/25/2025, 02:36 AM
AFBI
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Roberts Howard G, a director at Affinity Bancshares, Inc. (NASDAQ:AFBI), recently sold 134 shares of common stock at a price of $21.50 per share, totaling $2,881. Following this transaction, Howard retains direct ownership of 23,941 shares. Additionally, he holds 2,906 shares indirectly as a custodian for his grandchildren. The transaction comes as the $118.6 million market cap company trades at $18.50 per share, with InvestingPro analysis indicating the stock is currently overvalued.

In the realm of derivative securities, Howard maintains a position in stock options with varying exercise prices, including 5,000 shares at $14.49, 10,500 shares at $14.87, and 16,747 shares at $11.14. These options are part of a vesting schedule that commenced in 2023 and 2024, respectively. With the company's next earnings report due in 7 days and trading at a P/E ratio of 21.1, investors can access additional insights and 12+ more exclusive tips through InvestingPro.

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