First Financial Corp Director Susan Jensen Buys $1691 Worth of Stock
In the world of finance, it can be challenging to know what to do when markets are soaring. But fear not, there are still smart bargains to be found, like those discovered by Susan M. Jensen, a director at First Financial Corp. She recently purchased 34 shares of the company’s stock at an average price of $49.755 each, totaling $1,691. With the company’s stock rising almost 40% in the past six months and trading near its 52-week high of $51.87, it’s clear there’s momentum here.
Jensen’s total holdings in the company now amount to 1,887 shares, a significant stake. The transaction was disclosed in an SEC filing on December 5, 2024. Trading at 13.5 times earnings with a 3.64% dividend yield, experts suggest First Financial Corp’s stock is slightly undervalued. Subscribers to InvestingPro can access even more insights about the company’s financial health and growth potential, so it’s worth considering.
In recent news, First Financial Corp has demonstrated its commitment to shareholders by declaring a 45-cent dividend for those on record as of October 1, 2024. This move aligns with the renewal of President and CEO Norman D. Lowery’s employment agreement and the appointment of Stephen P. Panagouleas as the new Senior Vice President and Chief Credit Officer. Additionally, the company has expanded its footprint through the acquisition of SimplyBank, valued at approximately $73.4 million, indicating strategic growth.
However, it’s important to note that analysts at Keefe, Bruyette & Woods have reduced their share target for First Financial Corp due to an earnings miss. These developments emphasize the importance of staying informed about the companies you invest in and conducting due diligence regularly. With smart choices and careful monitoring, you can navigate the ever-changing landscape of finance confidently.
