On September 20, 2024, Andy Wattula, Chief Operating Officer of Hudson Pacific Properties Inc (HPP, Financial), executed a sale of 9,356 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 61,068 shares of Hudson Pacific Properties Inc.
Hudson Pacific Properties Inc is a real estate investment trust (REIT) that focuses on owning, operating, and acquiring office and media entertainment properties primarily in the West Coast of the United States. The company's portfolio includes properties in dynamic urban centers like Los Angeles, San Francisco, Seattle, and Vancouver.
Over the past year, the insider transaction history at Hudson Pacific Properties Inc shows a total of 6 insider buys and 5 insider sells. The recent sale by the insider is part of a broader pattern observed within the company's trading history.
Shares of Hudson Pacific Properties Inc were priced at $5.28 on the day of the insider's recent transaction. The company's market cap is currently $689.219 million.
According to the GF Value, the intrinsic value of Hudson Pacific Properties Inc is estimated at $8.75 per share, which suggests that the stock is currently undervalued with a price-to-GF-Value ratio of 0.6. This valuation indicates a "Possible Value Trap, Think Twice" status, urging investors to be cautious.
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 recent insider sale might provide current and potential investors with insights into the insider's perspective on the stock's current valuation and future prospects.
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.
