Craig Mckasson, Chief Administrative Officer & Chief Financial Officer of Premier Inc (PINC, Financial), sold 10,000 shares of the company on September 18, 2024. The transaction was reported through an SEC Filing. Following this transaction, the insider now owns 263,699 shares of Premier Inc.
Premier Inc, a healthcare improvement company, unites an alliance of approximately 4,400 U.S. hospitals and 225,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost.
Over the past year, Craig Mckasson has sold a total of 50,000 shares of Premier Inc and has not purchased any shares. The insider transaction history for Premier Inc shows a trend with 0 insider buys and 17 insider sells over the past year.
On the date of the sale, shares of Premier Inc were trading at $20.41, giving the company a market cap of approximately $2.02 billion. The price-earnings ratio of the stock stood at 20.14, below the industry median of 23.84 but above the company's historical median.
The GF Value of Premier Inc is $29.82, suggesting that the stock might be undervalued with a price-to-GF-Value ratio of 0.68. This valuation indicates a "Possible Value Trap, Think Twice" status according to GuruFocus analysis.
The GF Value is calculated considering historical trading multiples like price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
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.
