Richmond Mutual Bancorporation president buys $23,317 in common stock
Richmond Mutual Bancorporation's President, Christopher D. Cook, acquired an additional 1,500 shares of the company's common stock on November 4, 2026. This insider purchase amounted to $23,317, as Cook bought the shares at a price of $15.545 per share. After this transaction, Mr. Cook now holds a total of 27,686 shares of Richmond Mutual Bancorporation's common stock.
The company's shares were trading at $15.68 at the time of the purchase, close to their 52-week high of $16.59. Over the past year, the stock has generated a solid return of 21%. However, InvestingPro's analysis suggests that Richmond Mutual Bancorporation may be overvalued at the moment, with its share price currently surpassing its estimated Fair Value.
The company's valuation is evident in its P/E ratio of 17.49, while it offers shareholders a dividend yield of 3.83%. The insider transaction was documented in a Form 4 filing, with Bradley M. Glover serving as the attorney-in-fact for Mr. Cook.
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