Director Deal Hudson sold 2,500 shares of Atlanticus Holdings Corp (ATLC, Financial) on September 16, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 64,955 shares of the company.
Atlanticus Holdings Corp operates in the financial services sector, providing credit and related financial services and products to consumers. The company's offerings include a range of credit and loan products to customers who are typically underserved by traditional banks.
Over the past year, Deal Hudson has sold a total of 7,451 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 6 insider sells and only 1 insider buy over the past year.
Shares of Atlanticus Holdings Corp were trading at $31.35 on the day of the transaction. The company has a market cap of $508.395 million. The price-earnings ratio of the stock is 8.19, which is lower than the industry median of 14.765.
The GF Value of Atlanticus Holdings Corp is $31.02, leading to a price-to-GF-Value ratio of 1.01. This indicates that the stock is Modestly Overvalued based on its GF Value.
The GF Value is calculated considering historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and stock valuation perspectives.
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.
