Oscar Leland Mahan, a director at John Marshall Bancorp, Inc. (NASDAQ:JMSB), has recently sold a significant portion of his holdings in the company. On November 20, 2024, Mahan disposed of 9,934 shares of common stock, with transaction prices ranging from $22.00 to $22.73 per share. The total value of these transactions amounted to approximately $209,550.
Following these sales, Mahan now holds 91,118 shares in the company. It's important to note that this figure includes 3,934 shares related to unvested restricted stock awards, which will be issuable upon vesting.
Investors might view these transactions as part of regular portfolio management or as a strategic decision based on personal or market assessments. As always, such insider activities are closely monitored by market participants for any potential implications on the company's stock performance.
InvestingPro Insights
Recent data from InvestingPro sheds additional light on John Marshall Bancorp's financial position and market performance, providing context to Oscar Leland Mahan's recent stock sale.
The company's market capitalization stands at $312.28 million, reflecting its current size in the banking sector. John Marshall Bancorp has demonstrated strong financial performance, with a revenue growth of 22.25% over the last twelve months as of Q3 2024, reaching $53.07 million. This growth is particularly impressive when considering the quarterly revenue growth of 433.74% in Q3 2024, indicating a significant uptick in business activity.
InvestingPro Tips highlight that John Marshall Bancorp has raised its dividend for three consecutive years, with a current dividend yield of 1.09%. This consistent dividend growth, coupled with a 13.64% increase in the last twelve months, may appeal to income-focused investors despite Mahan's recent share sale.
The company's stock has shown robust performance, with a 21.91% price total return over the past three months and a substantial 33.59% return over six months. This aligns with an InvestingPro Tip noting the stock's strong return over the last three months.
While the P/E ratio stands at 20.86, the adjusted P/E ratio for the last twelve months is slightly lower at 19.43. Notably, the PEG ratio of 0.21 suggests that the stock may be undervalued relative to its earnings growth potential, which is reinforced by an InvestingPro Tip indicating that the company is trading at a low P/E ratio relative to near-term earnings growth.
For investors seeking a more comprehensive analysis, InvestingPro offers additional tips and insights, with 6 more tips available for John Marshall Bancorp on the platform.
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