On November 5, 2024, William Bock, Director at SolarWinds Corp (SWI, Financial), executed a sale of 16,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 88,857 shares of SolarWinds Corp.
SolarWinds Corp, a software company, provides information technology (IT) management software products in the United States and internationally. The company offers products for network management, system management, IT security, database management, IT helpdesk, and cloud services.
Over the past year, the insider has sold a total of 16,000 shares and has not made any purchases. This recent sale is part of a broader trend observed over the last year, where there have been five insider sells and no insider buys at SolarWinds Corp.
Shares of SolarWinds Corp were trading at $13.13 on the day of the transaction. The company has a market cap of approximately $2.34 billion. The price-earnings ratio of the stock stands at 64.47, which is significantly higher than the industry median of 26.585 and above the historical median for the company.
The stock's valuation, according to the GF Value, is set at $11.38, indicating that with a trading price of $13.13, SolarWinds Corp is modestly overvalued with a price-to-GF-Value ratio of 1.15.
The GF Value is calculated based on historical trading multiples like the 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 sell event might be of interest to investors tracking insider behaviors and evaluating the stock's current valuation metrics against its historical performance and industry standards.
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.
