medium
Sell
25,263 shares
$682,101
Significance
4/10
HOMB President Kevin Hester sold 25,263 shares at $27.00 on 2024-07-19; retains 114,912 shares
Kevin Hester, President and CLO of Home Bancshares, sold 25,263 shares for $682,101.00, reducing his holdings by 18.0% to 114,912 shares. The sale occurred at $27.00 per share, matching the 52-week high of $27.66, while the stock has gained 19.5% over the preceding 30 days and 12.0% over 90 days. With a P/E ratio of 47.69 against net income of $31,119,000.00, the valuation is notably elevated relative to earnings quality. The sale represents a discrete reduction in Hester's concentrated position at peak price levels within the recent run-up.