On November 25, 2024, Bridget Frey, Chief Technology Officer at Redfin Corp (RDFN, Financial), sold 21,454 shares of the company. Following this transaction, the insider now owns 446,679 shares of Redfin Corp. The details of this transaction can be found in the SEC Filing.
Redfin Corp is a technology-powered real estate company. The company provides real estate brokerage services, allowing customers to buy and sell homes through its platform. Redfin Corp leverages technology to offer a more efficient and cost-effective real estate experience.
Over the past year, Bridget Frey has sold a total of 64,408 shares and has not purchased any shares. The insider transaction history for Redfin Corp shows that there have been 1 insider buy and 14 insider sells over the same timeframe.
As of the day of the recent sale, shares of Redfin Corp were trading at $10 each, giving the stock a market cap of $1.191 billion. The stock's GF Value is estimated at $7.04, resulting in a price-to-GF-Value ratio of 1.42. This indicates 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 such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers 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.
