On November 4, 2024, Andrea Carter, Chief Human Resources Officer of Global Payments Inc (GPN, Financial), executed a sale of 2,366 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now directly owns 22,078 shares in the company.
Global Payments Inc is a leading worldwide provider of payment technology and software solutions delivering innovative services to customers globally. This financial technology company offers a range of solutions that allow its customers to make payments using various card types and across a variety of channels.
Over the past year, the insider has sold a total of 5,666 shares and has not made any purchases. The recent sale is part of a broader trend observed within the company, where there have been 7 insider sales and only 1 insider buy over the last year.
Shares of Global Payments Inc were trading at $105.67 on the day of the sale. The company has a market cap of approximately $27.33 billion. The price-earnings ratio stands at 20.22, which is above the industry median of 18.09.
According to the GF Value, the intrinsic value of the stock is estimated at $132.10, suggesting that Global Payments Inc is modestly undervalued with a price-to-GF-Value ratio of 0.8.
The GF Value is calculated based on historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and company valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow to gauge the stock's potential future movement.
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.
