Great Southern Bancorp VP Sold $33,500 Worth of StockBy

Great Southern Bancorp, Inc. (NASDAQ: ) Vice President Kevin L. Baker recently engaged in stock trading, according to a new filing with the U.S. Securities and Exchange Commission (SEC). Baker sold 625 shares of the company's common stock at an average price of $53.60, for a total consideration of $33,500.

On the same day, Baker also acquired 625 shares at a price of $32.59 per share, for a total of $20,368.75. The transactions show active trading by the subsidiary's vice president and are noteworthy for investors tracking insider activity.

These sales and purchases were part of Baker's trading scheme and were reported in Form 4 filings with the SEC. The form was filed on April 25, 2024, detailing transactions that occurred on April 23, 2024.

It is worth noting that after these transactions, Baker's direct holdings of common shares were adjusted to 13 shares. However, he also has indirect ownership through the 401(k) plan, which includes approximately 8,717 shares of Great Southern Bancorp common stock, reflecting a vested interest in the company's performance.

SEC filings also include information about derivative securities, specifically options to purchase common stock. However, investors' primary focus often remains on actual stock sales and purchases, which can provide a clearer picture of senior executives' current holdings in the company.

Headquartered in Springfield, Missouri, Great Southern Bancorp is a state commercial bank known for its financial services in the region. Investors and stakeholders often monitor the buying and selling patterns of company insiders, as it can tell them what they think of the company's current valuation and future prospects.

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Investment Professional Insights

As investors pay close attention to Great Southern Bancorp, Inc.'s (NASDAQ: GSBC ) recent insider trading activity, it is valuable to consider the company's broader financial health. According to InvestingPro, Great Southern Bancorp currently has a market capitalization of $616.56 million and a price-to-earnings ratio of 10.24. This valuation measure has revised slightly to 10.08 over the trailing twelve months to Q1 2024, indicating modest change in the company's earnings valuation over time.

Despite a challenging earnings environment, with growth of -7.81% in the trailing 12 months to Q1 2024, Great Southern Bancorp has maintained a strong dividend record, paying dividends consistently for 35 consecutive years. This commitment to shareholders is backed by a significant dividend yield of 2.98% as of April 2024. This InvestingPro Tip highlights the company's ability to provide investors with a steady income stream, which is particularly attractive during volatile market conditions.

Another InvestingPro Tip worth considering is that analysts predict the company will be profitable this year, which is in line with the company's earnings performance in the last 12 months. This forward-looking sentiment, combined with the current price-to-earnings ratio suggesting a relative undervaluation compared to the broader market, could provide a compelling narrative for potential investors.

For those seeking more insights, you can subscribe to receive more InvestingPro Tips.Use coupon code PRONEWS24 Annual or biennial Pro and Pro+ subscriptions receive an additional 10% discount. With this subscription, investors can delve into comprehensive analysis of Great Southern Bancorp, including real-time indicators and expert commentary.

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