Insider Selling: Great Southern Bancorp, Inc. (NASDAQ:GSBC) CEO Sells 6,000 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) CEO Joseph W. Turner sold 6,000 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total transaction of $399,780.00. Following the sale, the chief executive officer now directly owns 137,382 shares in the company, valued at $9,153,762.66. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Great Southern Bancorp Price Performance

GSBC stock traded up $0.17 during trading on Friday, hitting $63.83. The company had a trading volume of 6,261 shares, compared to its average volume of 27,084. The firm has a market capitalization of $745.53 million, a price-to-earnings ratio of 12.48 and a beta of 0.62. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $57.61 and a 200 day moving average of $56.07. Great Southern Bancorp, Inc. has a fifty-two week low of $48.19 and a fifty-two week high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.15. Great Southern Bancorp had a return on equity of 10.56% and a net margin of 17.21%. The company had revenue of $90.79 million for the quarter, compared to the consensus estimate of $54.75 million. During the same quarter in the previous year, the business earned $1.33 EPS. As a group, research analysts predict that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.51%. Great Southern Bancorp’s dividend payout ratio is currently 31.37%.

Analyst Ratings Changes

Separately, Piper Sandler cut their target price on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a report on Friday, October 18th.

Institutional Trading of Great Southern Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE grew its stake in Great Southern Bancorp by 2.3% during the 3rd quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock valued at $662,000 after acquiring an additional 257 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in Great Southern Bancorp by 1.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 33,718 shares of the financial services provider’s stock worth $1,875,000 after acquiring an additional 335 shares during the period. EntryPoint Capital LLC grew its stake in shares of Great Southern Bancorp by 130.5% in the first quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 543 shares during the last quarter. Gradient Investments LLC acquired a new stake in Great Southern Bancorp during the second quarter worth about $40,000. Finally, EMC Capital Management increased its stake in Great Southern Bancorp by 33.4% during the first quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock valued at $246,000 after acquiring an additional 1,123 shares during the period. 41.66% of the stock is owned by institutional investors and hedge funds.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.