Martin Resch, President & CEO of Cass Commercial Bank, purchased 500 shares of Cass Information Systems Inc (CASS) on August 1, 2025, bringing his total holdings to 41,420 shares. This is part of a broader trend of insider buying at the company, with six insider buys and zero insider sells in the past year. The stock was trading at $39.50 on the day of the purchase, with a market cap of $546.026 million and a price-earnings ratio of 21.97. The GF Value of the stock is $43.98, indicating that it is fairly valued based on its intrinsic value estimate.
Martin H. Resch, President and CEO of Cass Information Systems (NASDAQ: CASS), recently purchased 500 shares of the company's common stock on August 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. This latest insider buy adds to Resch's existing holdings, bringing his total to 41,420 shares, including restricted stock bonus shares subject to vesting and forfeiture.
The purchase was made at a price of $39.50 per share, totaling $19,750. This transaction comes amidst a broader trend of insider buying at Cass Information Systems, with six insider buys and zero insider sells reported in the past year. The stock's market capitalization stands at $546.026 million, and it was trading at $39.50 on the day of the purchase. The price-earnings ratio is 21.97, and the GF Value is $43.98, indicating that the stock is fairly valued based on its intrinsic value estimate.
Despite recent weaker-than-expected core earnings per share and pre-provision net revenue, Raymond James (NSE: RYMD) has maintained an Outperform rating on Cass Information Systems with a price target of $50.00. The analyst highlights the company's operations in both a community bank and a payments division, with the latter processing more than $90 billion in annual payment volume across the transportation and utilities sectors.
These recent developments provide insight into Cass Information Systems' current financial situation and market positioning. The company's 23-year streak of dividend increases and a current dividend yield of 3.1% also add to its appeal. InvestingPro data suggests that the stock is currently undervalued, with additional metrics and insights available to subscribers.
References:
[1] https://ng.investing.com/news/insider-trading-news/cass-information-systems-ceo-resch-buys-19750-in-stock-93CH-2041970

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