Suren Rana, President and CEO of BrightSphere Investment Group Inc (BSIG, Financial), executed a sale of 109,960 shares in the company on February 14, 2024, according to a recent SEC Filing. This transaction has been part of the insider's activity over the past year, where the insider has sold a total of 109,960 shares and has not made any purchases.
BrightSphere Investment Group Inc is a diversified, multi-boutique asset management company. The firm's affiliates offer a broad array of investment strategies to meet the diverse needs of its clients, which include institutions and individual investors. With a focus on active management, BrightSphere provides its affiliates with the scale of a large firm while maintaining the operational independence and entrepreneurial spirit of a boutique manager.
The insider transaction history for BrightSphere Investment Group Inc shows a pattern of 0 insider buys and 1 insider sell over the past year.
On the valuation front, shares of BrightSphere Investment Group Inc were trading at $20.74 on the day of the insider's recent transaction, resulting in a market cap of $911.104 million. The price-earnings ratio of the stock stands at 12.76, which is lower than the industry median of 13.59, and higher than the company’s historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 0.72, with a GF Value of $28.94, indicating that BrightSphere Investment Group Inc is considered Modestly Undervalued according to the intrinsic value estimate by GuruFocus.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by 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.
