Roger Beynon, a director at Cleanspark Inc (CLSK, Financial), executed a sale of 10,976 shares in the company on February 14, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $17.85 per share, resulting in a total value of $195,932.40.
Cleanspark Inc is a company that specializes in software and control technology. The firm provides advanced energy software and control technology that allows for a plug-and-play enterprise solution to modern energy challenges. Its services and products are aimed at enabling a sustainable future by providing advanced energy software and control technology that seeks to solve modern energy challenges.
Over the past year, the insider has sold a total of 10,976 shares and has not made any purchases of the company's stock. This latest transaction continues the trend of insider sales for the company, with a total of 2 insider sells and 0 insider buys over the past year.
On the day of the insider's recent sale, shares of Cleanspark Inc were trading at $17.85, giving the company a market capitalization of $3.51 billion.
The stock's price-to-GF-Value ratio stands at 3.02, with the GF Value estimated at $5.92 per share. This valuation indicates that Cleanspark Inc is significantly overvalued based on its GF Value.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated using historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates 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.
