On September 19, 2024, Ian Harris, Chief Financial Officer of Talkspace Inc (TALK, Financial), purchased 70,100 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 397,657 shares of Talkspace Inc.
Talkspace Inc provides online therapy services that connect users with licensed therapists through a web-based platform and mobile applications. The company aims to make mental health services more accessible and convenient.
Over the past year, the insider has engaged in multiple transactions, purchasing a total of 70,100 shares and selling none. This recent acquisition reflects a continued investment in the company by the insider.
The transaction history for insiders at Talkspace Inc shows a balanced activity over the past year, with 1 insider buy and 1 insider sell recorded.
On the date of the transaction, shares of Talkspace Inc were priced at $2.12, giving the company a market cap of approximately $353.245 million.
According to the GF Value, the intrinsic value of Talkspace Inc is estimated at $1.23 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.72.
The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider buying activity may be of interest to current and potential investors, as it could signal the insider's confidence in the future direction of the company.
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.
