Insider Sell Alert: Shweta Maniar Sells 3,782 Shares of RxSight Inc (RXST)

On November 26, 2024, Shweta Maniar, a Director at RxSight Inc (RXST, Financial), sold 3,782 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 10,902 shares of the company. RxSight Inc (RXST) is a medical technology company that develops and commercializes innovative solutions for eye care. The company's primary focus is on providing advanced intraocular lens technology to improve vision for patients undergoing cataract surgery. 1861591442653343744.png Over the past year, Shweta Maniar has sold a total of 16,599 shares and has not made any purchases. The insider transaction history for RxSight Inc indicates there have been 3 insider buys and 47 insider sells over the same period. 1861591462102331392.png On the day of the recent sale, shares of RxSight Inc were trading at $45.88, giving the stock a market cap of $1.856 billion. The stock's GF Value was $45.10, resulting in a price-to-GF-Value ratio of 1.02, indicating that the stock is fairly valued according to 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.

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