Insider Selling: Great Southern Bancorp (NASDAQ:GSBC) VP Sells $164,583.65 in Stock

Key Points

• Insider sale: VP Mark Maples sold 2,387 shares at an average price of $68.95 for total proceeds of $164,583.65, reducing his ownership by 66.79% to 1,187 shares; the transaction was disclosed in an SEC filing.
• GSBC stock traded at $68.70 (down $0.17) on above-average volume (129,989 shares vs. a 75,482 average), with a 12-month range of $53.60–$70.91 and a market cap of about $753.2 million.
• Recent fundamentals show a beat—Q1 EPS $1.58 vs. $1.27 estimate and revenue $55.36M—and the company pays a $0.43 quarterly dividend (annualized yield ~2.5%); analysts' consensus rating is "Buy" with an average target of $65.00.

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) VP Mark Maples sold 2,387 shares of the company's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $68.95, for a total transaction of $164,583.65. Following the transaction, the vice president owned 1,187 shares of the company's stock, valued at approximately $81,843.65. The trade was a 66.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Great Southern Bancorp Stock Performance

GSBC stock traded down $0.17 during trading on Monday, reaching $68.70. 129,989 shares of the stock were exchanged, compared to its average volume of 75,482. Great Southern Bancorp, Inc. has a twelve month low of $53.60 and a twelve month high of $70.91. The company has a market capitalization of $753.16 million, a P/E ratio of 10.89 and a beta of 0.50. The stock has a 50 day simple moving average of $64.16 and a 200-day simple moving average of $62.21. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.31. The firm had revenue of $55.36 million during the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.31%. As a group, sell-side analysts anticipate that Great Southern Bancorp, Inc. will post 5.84 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Monday, March 30th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, March 30th. Great Southern Bancorp's payout ratio is currently 27.26%.

Institutional Investors Weigh In On Great Southern Bancorp

Institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue bought a new stake in Great Southern Bancorp in the 3rd quarter valued at $27,000. Russell Investments Group Ltd. increased its stake in Great Southern Bancorp by 1,301.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider's stock valued at $47,000 after buying an additional 716 shares during the last quarter. Sarver Vrooman Wealth Advisors acquired a new stake in Great Southern Bancorp in the 4th quarter valued at $77,000. Quadrant Capital Group LLC acquired a new stake in Great Southern Bancorp in the 3rd quarter valued at $128,000. Finally, CWM LLC increased its stake in Great Southern Bancorp by 224.7% in the 3rd quarter. CWM LLC now owns 2,789 shares of the financial services provider's stock valued at $171,000 after buying an additional 1,930 shares during the last quarter. 41.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

GSBC has been the subject of a number of analyst reports. Zacks Research raised shares of Great Southern Bancorp from a "hold" rating to a "strong-buy" rating in a report on Monday, April 20th. Keefe, Bruyette & Woods lifted their price target on shares of Great Southern Bancorp from $63.00 to $65.00 and gave the stock a "market perform" rating in a research report on Friday, April 17th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Great Southern Bancorp in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $65.00.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc NASDAQ: GSBC is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank's core business activities include deposit-taking, lending and treasury management.

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