Stephen J. Schmidt, a director at Waterstone Financial , Inc. (NASDAQ:), recently reported a series of transactions involving the company’s common stock. On November 7, Schmidt sold shares totaling $79,111. The sale price per share ranged from $15.75 to $15.99.
In addition to these sales, Schmidt acquired 9,190 shares of common stock through an option exercise at a price of $12.75 per share. Following these transactions, Schmidt now directly owns 74,287 shares of Waterstone Financial.
InvestingPro Insights
Recent transactions by Waterstone Financial’s director Stephen J. Schmidt offer a glimpse into insider activity, but a broader look at the company’s financial metrics provides additional context for investors. According to InvestingPro data, Waterstone Financial boasts a market capitalization of $287.3 million, with a price-to-earnings (P/E) ratio of 22.06, suggesting a moderate valuation relative to earnings.
InvestingPro Tips highlight that management has been aggressively buying back shares, indicating confidence in the company’s value. This aligns with Schmidt’s recent option exercise, potentially signaling a positive outlook from insiders. Additionally, Waterstone Financial has maintained dividend payments for 11 consecutive years, with a current dividend yield of 3.84%, which may appeal to income-focused investors.
The company’s financial health appears robust, with InvestingPro data showing a strong return over the last month, as evidenced by a 13.5% price total return. This short-term performance is part of a larger trend, with a impressive 46.37% price total return over the past year.
For investors seeking a more comprehensive analysis, InvestingPro offers 10 additional tips for Waterstone Financial, providing deeper insights into the company’s financial position and market performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.