Insider Sale: Director Raymond O'Conor Sells Shares of Arrow Financial Corp (AROW)

Core Insights - Director Raymond O'Conor sold 2,000 shares of Arrow Financial Corp on October 1, 2024, reducing his holdings to 41,176 shares [1] - Over the past year, O'Conor has sold a total of 10,000 shares without making any purchases, indicating a trend of insider selling [1] - The company has experienced 13 insider buys and 4 insider sells in the past year, suggesting mixed insider sentiment [1] Company Overview - Arrow Financial Corp operates as the bank holding company for Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company, providing commercial and consumer banking services in northeastern New York [1] - The company's market capitalization is approximately $471.861 million, with shares trading at$28.04 on the day of the transaction [1] - The price-earnings ratio of Arrow Financial Corp is 14.92, which is higher than the industry median of 10.285 and the company's historical median [1] Valuation Insights - The intrinsic value estimate for Arrow Financial Corp is $29.04, indicating that the stock is fairly valued with a price-to-GF-Value ratio of 0.97 [2][3] - The GF Value is derived from historical trading multiples and adjusted by a GuruFocus factor that considers past returns and future performance estimates [3]