On September 16, 2024, Timmie Hong, Chief Product Officer of MoneyLion Inc (ML, Financial), sold 2,334 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 105,857 shares of MoneyLion Inc.
MoneyLion Inc operates as a financial technology company providing various banking and financial services. The company's offerings include personal loans, financial advice, and investment management services, aimed at helping customers manage their financial lives more effectively.
Over the past year, Timmie Hong has sold a total of 57,566 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend at MoneyLion Inc, where there have been 28 insider sells and only 1 insider buy over the past year.
On the day of the sale, shares of MoneyLion Inc were trading at $42.34. This pricing gives the company a market cap of $466.379 million. The price-earnings ratio of the company stands at 327.08, significantly above the industry median of 26.135.
According to the GF Value, an intrinsic value estimate developed by GuruFocus, MoneyLion Inc is currently significantly overvalued with a price-to-GF-Value ratio of 1.87. The GF Value of $22.70 is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking ownership changes and evaluating the company's current valuation metrics, including its price-sales ratio, price-book ratio, and price-to-free cash flow.
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.
