Director Melanie Pump Sells 22,000 Shares of BTCS Inc

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Nov 26, 2024
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On November 25, 2024, Melanie Pump, Director at BTCS Inc, sold 22,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 38,735 shares of BTCS Inc. BTCS Inc (BTCS, Financial) is a company that focuses on blockchain technology and digital asset ecosystems. The company is involved in the development and management of blockchain infrastructure and digital asset data analytics. 1861228725471965184.png Over the past year, Melanie Pump has sold a total of 47,000 shares and has not purchased any shares. The insider transaction history for BTCS Inc shows that there have been no insider buys in total over the past year, while there have been five insider sells during the same period. 1861228805398622208.png On the day of the recent sale, shares of BTCS Inc were trading at $3.49 each, giving the stock a market cap of $58.991 million. The company's price-earnings ratio stands at 22.67, which is higher than the industry median of 19.01 and also higher than the company’s historical median price-earnings ratio. With a trading price of $3.49 and a GF Value of $1.52, BTCS Inc has a price-to-GF-Value ratio of 2.3, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.

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