On November 14, 2024, Joanna Coles, a Director at Sonos Inc (SONO, Financial), sold 905 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 20,044 shares of Sonos Inc.
Sonos Inc is a company that specializes in the development and manufacturing of audio products and home sound systems that aim to enhance the home listening experience. The company's products are known for their high-quality sound and innovative design that integrates seamlessly with various digital music systems.
Over the past year, Joanna Coles has sold a total of 10,860 shares of Sonos Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend observed within the company, where there have been 19 insider sells and no insider buys over the past year.
Shares of Sonos Inc were trading at $15.45 on the day of the sale. The company currently has a market cap of approximately $1.579 billion.
The stock is considered Modestly Undervalued with a price-to-GF Value ratio of 0.93, based on a GF Value of $16.65. The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor and future business performance estimates from analysts.
This insider sale could be of interest to investors tracking insider behaviors as an indicator of confidence levels regarding the company's 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.
