On November 20, 2024, Steven Glassman, a Director at NexGel Inc, purchased 9,090 shares of the company. Following this transaction, the insider now holds a total of 154,155 shares. The purchase was documented in a SEC Filing. NexGel Inc (NXGL, Financial) is a company that specializes in the development and manufacturing of high-performance gels for healthcare and consumer applications. The company's products are used in a variety of fields, including wound care, medical diagnostics, and cosmetics. The recent purchase by Steven Glassman is part of a broader trend of insider buying at NexGel Inc. Over the past year, the insider has acquired a total of 34,823 shares and has not sold any shares. In total, there have been 15 insider buys and no insider sells at the company during the same period. On the day of the recent purchase, shares of NexGel Inc were trading at $2.75 each, resulting in a market cap of $22.547 million. The stock's GF Value is estimated at $5.02, giving it a price-to-GF-Value ratio of 0.55. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
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.
