BancFirst Co. (NASDAQ:BANF) Director William Scott Martin Sells 10,000 Shares

BancFirst Co. (NASDAQ:BANF) Director William Scott Martin sold 10,000 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $119.13, for a total value of $1,191,300.00. Following the completion of the transaction, the director now directly owns 214,499 shares in the company, valued at approximately $25,553,265.87. This trade represents a 4.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

BancFirst Price Performance

Shares of BANF stock opened at $119.36 on Monday. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 18.53 and a beta of 1.05. BancFirst Co. has a 12-month low of $81.21 and a 12-month high of $132.29. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The firm has a fifty day moving average of $118.50 and a 200-day moving average of $114.82.

BancFirst (NASDAQ:BANF) last posted its earnings results on Thursday, January 23rd. The bank reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.07. BancFirst had a return on equity of 14.21% and a net margin of 23.52%. On average, equities research analysts forecast that BancFirst Co. will post 6.52 earnings per share for the current year.

Analyst Ratings Changes

BANF has been the topic of several analyst reports. Keefe, Bruyette & Woods increased their target price on BancFirst from $117.00 to $135.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. StockNews.com downgraded shares of BancFirst from a “hold” rating to a “sell” rating in a research report on Friday, January 24th.

Institutional Trading of BancFirst

Large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its stake in BancFirst by 155.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 314 shares of the bank’s stock valued at $38,000 after buying an additional 191 shares in the last quarter. Blue Trust Inc. lifted its position in BancFirst by 33.9% in the 3rd quarter. Blue Trust Inc. now owns 391 shares of the bank’s stock valued at $41,000 after acquiring an additional 99 shares in the last quarter. Sterling Capital Management LLC boosted its stake in BancFirst by 779.4% in the 4th quarter. Sterling Capital Management LLC now owns 554 shares of the bank’s stock worth $65,000 after purchasing an additional 491 shares during the period. AlphaQuest LLC increased its holdings in BancFirst by 11.5% during the 4th quarter. AlphaQuest LLC now owns 862 shares of the bank’s stock worth $101,000 after purchasing an additional 89 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of BancFirst in the 4th quarter valued at about $135,000. 51.72% of the stock is owned by institutional investors.

About BancFirst

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.