Vice President Dolores Dudiak sold 5,000 shares of Federated Hermes Inc (FHI, Financial) on October 30, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 77,288 shares of the company. The shares were sold at a price of $39.89, valuing the transaction at approximately $199,450.
Federated Hermes Inc (FHI, Financial) is a global leader in asset management, providing investment solutions across a range of strategies to institutions and individuals worldwide. The company's offerings include equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies.
Over the past year, Dolores Dudiak has sold a total of 5,774 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within Federated Hermes Inc, where there have been 22 insider sells and no insider buys over the past year.
The stock of Federated Hermes Inc was trading at $39.89 on the day of the sale, giving the company a market cap of approximately $3.297 billion. The price-earnings ratio of the company stands at 12.96, which is above the industry median of 11.55.
According to the GF Value, the intrinsic value of Federated Hermes Inc is estimated at $42.60 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.94.
The insider trend image above reflects the recent selling activities within the company. Additionally, the GF Value, which considers historical trading multiples, adjustments based on past performance, and future business expectations, supports the current valuation.
This valuation insight, combined with the insider selling trend, provides a comprehensive view of the current stock status of Federated Hermes Inc (FHI, Financial).
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.
