Evertec Inc (NYSE:EVTC), a leading full-service transaction processing business in Latin America and the Caribbean, has reported an insider sale according to a recent SEC filing. Director Frank D'angelo sold 16,000 shares of the company on March 11, 2024.
Frank D'angelo’s recent transaction reflects a continuation of insider selling patterns over the past year. The insider has sold a total of 16,000 shares and has not made any purchases in the same period.
The insider transaction history for Evertec Inc shows a trend of more insider sales than purchases over the past year. There have been no insider buys and 8 insider sells in the last twelve months.
On the valuation front, Evertec Inc shares were trading at $37.43 on the day of the insider's sale, resulting in a market cap of $2.484 billion.
The company's price-earnings ratio stands at 31.36, which is above the industry median of 27.66 and also exceeds Evertec Inc's historical median price-earnings ratio.
Considering the stock's price of $37.43 and the GuruFocus Value of $47.27, Evertec Inc has a price-to-GF-Value ratio of 0.79, indicating that the stock is Modestly Undervalued according to GuruFocus's valuation model.
The GF Value is determined by historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, 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.
