Insider Sell: Michael Saks Sells 10,000 Shares of RCM Technologies Inc (RCMT)

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Dec 05, 2024
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On December 4, 2024, Michael Saks, Division President, HC Services at RCM Technologies Inc (RCMT, Financial), sold 10,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 114,158 shares of the company. RCM Technologies Inc (RCMT) is a provider of business and technology solutions designed to enhance the operational performance of its clients. The company offers a range of services, including engineering, information technology, and specialty health care services. The insider transaction history for RCM Technologies Inc indicates that there have been no insider buys over the past year, while there have been nine insider sells during the same period. Over the past year, Michael Saks has sold a total of 10,000 shares and has not purchased any shares. 1864490206791626752.png On the day of the recent sale, shares of RCM Technologies Inc were trading at $23.50 each, giving the stock a market cap of $182.329 million. The company's price-earnings ratio is 12.31, which is lower than the industry median of 13.18 and also lower than the company’s historical median price-earnings ratio. With a trading price of $23.50 and a GF Value of $22.51, RCM Technologies Inc has a price-to-GF-Value ratio of 1.04, indicating that the stock is fairly valued based on its GF Value. 1864490291025833984.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. It also includes 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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