On November 14, 2024, Sharon Jones, a Director at Fuel Tech Inc (FTEK, Financial), purchased 25,800 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 74,585.165 shares of Fuel Tech Inc.
Fuel Tech Inc specializes in technologies for air pollution control, process optimization, water treatment, and advanced engineering solutions, focusing on the reduction of nitrogen oxide emissions in flue gas from boilers, incinerators, and furnaces.
The purchase price per share was $1.04, valuing the transaction at approximately $26,832. The company's shares were trading at this price on the day of the purchase, giving Fuel Tech Inc a market cap of $31.63 million.
According to GF Value, the intrinsic value of Fuel Tech Inc is estimated at $1.16 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.9.
Over the past year, Sharon Jones has increased her holdings in the company by purchasing a total of 29,540 shares. There have been six insider buys and no insider sells at Fuel Tech Inc during the same period, indicating a positive trend in insider confidence.
The valuation metrics such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow are calculated based on historical trading multiples, adjusted for the company's past performance and expected future business outcomes.
This insider buying activity may signal a belief in the company's potential for growth or undervaluation, as insiders typically buy shares based on their expectations of the company's future performance.
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.
