Insider Buying: Director and 10% Owner Jonathan Segal Acquires Shares of The One Group Hospitality Inc (STKS)

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Nov 15, 2024
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On November 12, 2024, Jonathan Segal, Director and 10% Owner of The One Group Hospitality Inc (STKS, Financial), purchased 8,000 shares of the company. This transaction was documented in an SEC Filing. Following this acquisition, the insider now owns a total of 3,145,074 shares of The One Group Hospitality Inc.

The One Group Hospitality Inc operates hospitality venues and provides hospitality management services globally. The company is known for developing and operating upscale, high-energy restaurants and lounges and provides turn-key food and beverage services for hospitality venues including hotels, casinos, and other high-end locations.

Over the past year, Jonathan Segal has increased his holdings in the company by purchasing a total of 22,811 shares. There have been no sales recorded by the insider during this period. The overall insider transaction history for The One Group Hospitality Inc shows a trend of more buying activities, with a total of 8 insider buys and no insider sells over the past year.

Shares of The One Group Hospitality Inc were priced at $3.08 on the day of the insider's recent purchase. The company has a market cap of approximately $91.944 million.

According to the GF Value, the intrinsic value of the stock is estimated at $14.98, which suggests that the stock is currently undervalued, with a price-to-GF-Value ratio of 0.21. This valuation indicates that the stock might be a Possible Value Trap, and potential 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, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from analysts.

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This recent insider purchase could signal a positive outlook from the insider regarding the company's future performance, despite the current valuation metrics suggesting caution.

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.