On December 4, 2024, Amir Cohen, the Chief Accounting Officer of Blade Urban Air Mobility, a subsidiary of Blade Air Mobility Inc (BLDE, Financial), sold 10,150 shares of the company. Following this transaction, the insider now owns 64,441 shares of the company. The transaction details can be found in the SEC Filing.
Blade Air Mobility Inc is a technology-powered air mobility platform. The company provides consumers with a cost-effective and time-efficient alternative to ground transportation for congested routes. Blade Air Mobility Inc operates in the urban air mobility sector, offering services such as helicopter and seaplane flights, as well as organ transport and medical evacuation services.
Over the past year, Amir Cohen has sold a total of 48,046 shares and has not purchased any shares. The insider transaction history for Blade Air Mobility Inc indicates that there have been 2 insider buys and 24 insider sells over the same period.
As of the date of the recent transaction, shares of Blade Air Mobility Inc were trading at $4.46 each, giving the company a market cap of $359.849 million. The stock's GF Value is estimated at $5.23, resulting in a price-to-GF-Value ratio of 0.85. This suggests that the stock is modestly undervalued 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 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.
