Stephen J. Schmidt, a director at Waterstone Financial , Inc. (NASDAQ:WSBF), recently executed several stock transactions involving the company's common stock. According to a recent SEC filing, Schmidt sold a substantial amount of shares on November 11, 2024, totaling $171,692. The sale prices ranged from $15.75 to $15.90 per share.
Additionally, Schmidt acquired 10,880 shares through the exercise of stock options at a price of $12.75 per share, amounting to a total value of $138,720. Following these transactions, Schmidt holds a total of 70,078 shares of Waterstone Financial's common stock.
InvestingPro Insights
Recent transactions by Waterstone Financial's director Stephen J. Schmidt have drawn attention to the company's stock performance and financial health. To provide a broader perspective on WSBF's current position, let's examine some key metrics and insights from InvestingPro.
Waterstone Financial has demonstrated strong market performance, with InvestingPro data showing a 30.61% price total return over the past six months and an impressive 47% return over the last year. This aligns with an InvestingPro Tip indicating a "strong return over the last three months," suggesting sustained positive momentum for the stock.
The company's financial management strategies appear to be shareholder-friendly. An InvestingPro Tip highlights that "management has been aggressively buying back shares," which often signals confidence in the company's value and can potentially boost earnings per share. Additionally, Waterstone boasts a "high shareholder yield" and "has maintained dividend payments for 11 consecutive years," further emphasizing its commitment to returning value to shareholders.
From a valuation standpoint, Waterstone Financial is trading at a P/E ratio of 22.27, which is relatively modest considering the company's growth prospects. An InvestingPro Tip notes that WSBF is "trading at a low P/E ratio relative to near-term earnings growth," suggesting potential undervaluation. This is supported by the PEG ratio of 0.53, indicating that the stock may be undervalued relative to its earnings growth potential.
It's worth noting that InvestingPro offers 10 additional tips for Waterstone Financial, providing investors with a more comprehensive analysis of the company's prospects and challenges. For those seeking a deeper dive into WSBF's financial health and market position, exploring these additional insights could prove valuable.
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