On November 5, 2024, Sean Kiewiet, the Chief Strategy Officer of Priority Technology Holdings Inc (PRTH, Financial), executed a sale of 10,000 shares of the company. Following this transaction, the insider now owns 1,045,158 shares. Details of the sale can be found in the SEC Filing.
Priority Technology Holdings Inc operates as a provider of merchant acquiring and commercial payment solutions. The company offers a platform for merchants, enterprises, and financial institutions to process payments and manage their businesses.
Over the past year, the insider has sold a total of 347,753 shares and has not made any purchases. The broader trend within the company shows a predominance of selling activities, with 30 insider sells and only 2 insider buys over the same period.
Shares of Priority Technology Holdings Inc were priced at $5.41 on the day of the insider's recent transaction. The company has a market cap of $509.395 million. According to the GF Value, the intrinsic value of the stock is estimated at $5.60, indicating that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 0.97.
The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This sale by the insider may be of interest to current and potential investors, providing insight 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.
