Sean Gaffney, Executive Vice President and Chief Legal Officer of Addus HomeCare Corp (ADUS, Financial), sold 2,962 shares of the company on September 12, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 15,040 shares of Addus HomeCare Corp.
Over the past year, Sean Gaffney has sold a total of 4,601 shares of Addus HomeCare Corp and has not purchased any shares. The insider transaction history for the company shows a total of 24 insider sells and no insider buys over the past year.
Addus HomeCare Corp provides comprehensive home care services that include personal care, home health, and hospice services, primarily to older adults and individuals with disabilities. The company operates across multiple states in the United States, focusing on enabling patients to maintain a comfortable lifestyle in their own homes.
On the day of the sale, shares of Addus HomeCare Corp were trading at $129.15, valuing the company with a market cap of approximately $2.36 billion. The price-earnings ratio of the stock stood at 30.84, which is above the industry median of 23.5.
According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Addus HomeCare Corp has a price-to-GF-Value ratio of 1.18, indicating that the stock is modestly overvalued. The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale comes at a time when the stock is perceived as modestly overvalued based on its GF Value, suggesting that the insider might perceive the current stock price as reflecting a fair or high valuation relative to its intrinsic value.
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.
