On September 26, 2024, Scott Bluestein, CEO of Hercules Capital Inc (HTGC, Financial), executed a sale of 100,000 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 2,161,207 shares of the company.
Hercules Capital Inc (HTGC, Financial) is a specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries.
The shares were sold at a price of $19.59, valuing the transaction at approximately $1,959,000. This sale has occurred when Hercules Capital Inc (HTGC, Financial) has a market cap of approximately $3.21 billion and the stock is considered Fairly Valued with a GF Value of $19.22.
The price-earnings ratio of the company stands at 11.03, which is lower than the industry median of 12.1. This ratio indicates that the stock is trading at a comparatively lower valuation relative to its earnings.
The insider transaction history for Hercules Capital Inc (HTGC, Financial) shows a trend with 7 insider buys and 3 insider sells over the past year. This recent sale by the insider is part of a broader pattern observed within the company.
For investors, understanding these insider transactions, alongside the company's valuation metrics such as price-sales ratio, price-book ratio, and price-to-free cash flow, provides a comprehensive view of the stock's current standing and potential future performance.
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.
