On November 12, 2024, Tom Vadaketh, Senior Vice President and Chief Financial Officer of Enviri Corp (NVRI, Financial), purchased 35,299 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 81,120 shares of Enviri Corp.
Enviri Corp, a company listed on the stock exchange, specializes in environmental solutions, focusing on sustainable practices and technologies to mitigate ecological impact.
The transaction occurred with shares priced at $7, valuing the purchase at approximately $247,093. This acquisition has increased the insider's stake significantly, reflecting a strong commitment to the company's future.
Over the past year, the insider has bought a total of 35,299 shares and has not sold any shares. This pattern of insider activity can often provide insights into the company's health and prospects.
Enviri Corp's shares are currently trading with a market cap of approximately $569.761 million. The stock's valuation metrics, such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are calculated based on historical trading multiples, adjusted for the company's past performance and expected future business outcomes.
According to the GF Value, the intrinsic value of Enviri Corp's stock is estimated at $8.81 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.79.
The insider transaction history for Enviri Corp shows a trend of more insider buying than selling over the past year, which could be a positive signal for potential investors.
This recent purchase by the insider might align with the current stock valuation indicating a potential undervaluation, as reflected in the GF Value.
Investors and stakeholders in Enviri Corp will likely monitor these insider transactions closely, as they can provide valuable insights into the company's internal expectations and the confidence level of its senior executives.
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.
