On December 3, 2024, Sean Kiewiet, the Chief Strategy Officer of Priority Technology Holdings Inc (PRTH, Financial), sold 1,707 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 886,901 shares of the company.
Priority Technology Holdings Inc (PRTH) is a provider of merchant acquiring and commercial payment solutions, offering a range of services that include payment processing, card issuing, and other financial technology solutions.
Over the past year, Sean Kiewiet has sold a total of 481,647 shares and has not purchased any shares. The insider transaction history for Priority Technology Holdings Inc shows that there have been 2 insider buys and 30 insider sells over the same timeframe.
On the day of the recent sale, shares of Priority Technology Holdings Inc were trading at $10.01, giving the stock a market cap of $727.977 million. The stock's GF Value is estimated at $5.44, resulting in a price-to-GF-Value ratio of 1.84, 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 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.
