Gary Seeds, Executive Vice President, Sales and Field Service of Hillman Solutions Corp (HLMN, Financial), has sold a total of 217,674 shares of the company on February 29, 2024, according to a recent SEC filing. The transaction was executed at an average price of $9.57 per share, resulting in a total value of approximately $2,083,095.78.
Hillman Solutions Corp, listed under the NASDAQ with the symbol HLMN, is a company that provides hardware-related products and services to its customers. The company's offerings include fastening solutions, key duplication, and other related hardware items. Hillman Solutions Corp serves a diverse customer base, ranging from individual consumers to large-scale industrial clients.
Over the past year, the insider has not made any purchases of Hillman Solutions Corp stock but has sold 217,674 shares in total. The recent sale by Gary Seeds represents a significant transaction by the company's insider.
The insider transaction history for Hillman Solutions Corp shows a pattern of sales by insiders over the past year, with 0 insider buys and 5 insider sells recorded during the same period.
On the date of the insider's recent sale, Hillman Solutions Corp shares were trading at $9.57, giving the company a market capitalization of $1.877 billion.
The stock's price-to-GF-Value ratio stands at 1.03, indicating that Hillman Solutions Corp is Fairly Valued according to the GF Value. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
The GF Value for Hillman Solutions Corp is currently set at $9.26, slightly below the trading price on the day of the insider's sale, suggesting that the stock is trading at a fair market value.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's value. While insider selling does not necessarily indicate a negative outlook, it can prompt market participants to consider the potential reasons behind such transactions.
For more detailed information on insider transactions and stock performance for Hillman Solutions Corp (HLMN, Financial), interested parties can refer to the full SEC filing.
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.
