On September 19, 2024, Bar Veinstein, President, A&G at Clarivate PLC (CLVT, Financial), executed a sale of 120,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 976,583 shares of Clarivate PLC.
Clarivate PLC is a global leader in providing trusted insights and analytics to accelerate the pace of innovation. The company's mission is to help customers reduce the time from new ideas to life-changing inventions in the areas of science and intellectual property.
Over the past year, the insider transaction history at Clarivate PLC shows a trend with 1 insider buy and 2 insider sells. Specifically, Bar Veinstein has sold a total of 120,000 shares and has not made any purchases in the same period.
On the valuation front, shares of Clarivate PLC were trading at $7 on the day of the sale. This pricing gives the company a market cap of approximately $4.91 billion. According to the GF Value, which is an intrinsic value estimate from GuruFocus, the stock is currently modestly undervalued with a price-to-GF-Value ratio of 0.73, suggesting a potential upside based on historical trading multiples, adjustments for past performance, and future business expectations.
The GF Value is determined by considering historical multiples such as 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 analysts.
This insider sale might be of interest to investors tracking insider behaviors and company valuation metrics to gauge potential investment opportunities.
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.
