Insider Sale: CFO Eric Smit Sells 22,000 Shares of eGain Corp (EGAN)

Article's Main Image

Eric Smit, Chief Financial Officer of eGain Corp (EGAN, Financial), executed a sale of 22,000 shares of the company on September 4, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 130,648 shares of eGain Corp.

eGain Corp specializes in providing cloud-based customer engagement solutions. These solutions help businesses to manage customer interactions across various channels including web, social, and phone.

On the date of the transaction, shares of eGain Corp were priced at $6.54. This pricing values the company with a market cap of approximately $195.067 million. The price-earnings ratio of the company stands at 23.18, which is below the industry median of 25.89.

The GF Value of eGain Corp is estimated at $8.48, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.77.

1831912119948439552.png

The insider transaction history for eGain Corp indicates a trend of limited insider activity, with this sale by Eric Smit being the only insider sell in the past year.

1831912153842610176.png

The valuation metrics and insider trends provide a snapshot of eGain Corp's current financial landscape and insider confidence. The transaction details and the company's valuation relative to its GF Value are crucial for investors tracking insider behaviors and company performance.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.