On October 15, 2024, Bar Veinstein, President, A&G of Clarivate PLC (CLVT, Financial), executed a sale of 60,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 916,583 shares of Clarivate PLC.
Clarivate PLC operates as a global leader in providing trusted insights and analytics to accelerate the pace of innovation. The company's products and services are designed to foster academic and commercial R&D productivity, supporting discovery, protection, and commercialization of new ideas and brands.
Over the past year, the insider has sold a total of 180,000 shares and has not made any purchases. The recent sale is part of a broader trend observed within the company, where there have been three insider sells and only one insider buy over the past year.
Shares of Clarivate PLC were trading at $7 on the day of the sale, giving the company a market cap of approximately $4.85 billion. According to the GF Value, the stock has a price-to-GF-Value ratio of 0.73, indicating that it is currently valued as a Possible Value Trap, and investors should think twice before investing.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might provide valuable insight for current and potential investors into the insider's perspective on the stock's valuation and future prospects.
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.
