RESTON, Va.—Oscar Leland Mahan, a director at John Marshall Bancorp, Inc. (NASDAQ:JMSB), reported the sale of company stock valued at approximately $82,274, according to a recent SEC filing. The transactions, which took place on November 20, involved the sale of multiple shares of common stock at prices ranging from $22.67 to $23.53 per share.
Following these transactions, Mahan holds 87,545 shares directly. The filing also notes that this total includes 3,934 shares related to unvested restricted stock awards issuable upon vesting.
John Marshall Bancorp, headquartered in Reston, Virginia, operates as a state commercial bank, providing a range of financial services.
InvestingPro Insights
As Oscar Leland Mahan's recent stock sale at John Marshall Bancorp, Inc. (NASDAQ:JMSB) catches investor attention, it's worth examining some key financial metrics and insights provided by InvestingPro.
JMSB's stock has shown remarkable strength recently, with InvestingPro data revealing a 21.91% price total return over the past three months and an impressive 33.59% over six months. This aligns with an InvestingPro Tip highlighting the company's "strong return over the last three months," suggesting that Mahan's sale occurred during a period of significant stock appreciation.
The company's financial health appears robust, with InvestingPro data showing a revenue growth of 22.25% in the last twelve months as of Q3 2024. Additionally, JMSB boasts a healthy operating income margin of 40.8% for the same period, indicating efficient operations.
An InvestingPro Tip notes that JMSB is "trading at a low P/E ratio relative to near-term earnings growth," with a current P/E ratio of 20.86. This could suggest that the stock might still be undervalued despite its recent gains, potentially offering an attractive entry point for investors.
It's also worth noting that JMSB has been increasing its dividend, with an InvestingPro Tip highlighting that the company "has raised its dividend for 3 consecutive years." The current dividend yield stands at 1.09%, with a 13.64% dividend growth rate in the last twelve months.
For investors seeking a more comprehensive analysis, InvestingPro offers 6 additional tips for JMSB, providing a deeper understanding of the company's financial position and market performance.
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