Endeavor Group Holdings Inc (NYSE:EDR), a global entertainment, sports, and content company, has reported an insider sale according to a recent SEC filing. The company's Chief Financial Officer, Jason Lublin, sold 20,832 shares of the company on March 12, 2024. The transaction was executed at an average price of $24.71, resulting in a total value of $514,956.72.
Over the past year, the insider has sold a total of 263,617 shares of Endeavor Group Holdings Inc and has not made any purchases of the stock. The recent sale further contributes to the trend observed over the past year, where there have been no insider buys but 25 insider sells for the company.
The market capitalization of Endeavor Group Holdings Inc stands at $7.556 billion, with the stock trading at $24.71 on the day of the sale. The company's price-earnings ratio is 22.46, which is above the industry median of 19.345 but below the historical median for the company.
According to the GuruFocus Value, the stock is currently modestly undervalued with a price-to-GF-Value ratio of 0.8, based on a GF Value of $30.73. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
The insider's recent transaction may provide investors with insight into the company's financial health and future prospects. However, it is important to consider the broader context of the insider's trading history and the company's valuation metrics when making investment decisions.
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.
