On September 20, 2024, Robert Rozek, the Executive Vice President, Chief Financial Officer, and Chief Compliance Officer of Korn Ferry (KFY, Financial), executed a sale of 50,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 125,456 shares of Korn Ferry.
Korn Ferry is a global organizational consulting firm, synchronizing strategy and talent to drive superior performance for their clients. The company offers a range of solutions that help organizations align their structures, roles, and responsibilities.
Over the past year, Robert Rozek has sold a total of 50,000 shares and has not made any purchases of the company's stock. This recent transaction reflects a continuation of the insider's selling trend.
The insider transaction history for Korn Ferry shows that there have been no insider buys and three insider sells over the past year. This could indicate a trend where insiders are choosing to sell shares rather than purchase more.
On the day of the sale, shares of Korn Ferry were trading at $75.36, giving the company a market cap of approximately $3.89 billion. The price-earnings ratio of Korn Ferry stands at 21.37, which is above both the industry median of 18.36 and the company’s historical median.
According to the GF Value, which is an intrinsic value estimate used by GuruFocus, Korn Ferry is considered modestly overvalued with a price-to-GF-Value ratio of 1.28. The GF Value of $58.77 suggests that the stock is trading above its estimated fair value, factoring in historical trading multiples, adjustments based on the company’s past performance, and future business expectations.
Investors and stakeholders in Korn Ferry may find these insights from the insider trading activity and the company's valuation metrics useful for making informed decisions.
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.
