On December 16, 2024, Paul Mctear, a Director at Gray Television Inc (GTN, Financial), sold 17,780 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 95,360 shares of the company.
Gray Television Inc (GTN) is a television broadcast company that owns and operates television stations and digital assets in markets throughout the United States. The company is involved in the production and broadcasting of news and entertainment content.
The insider transaction history for Gray Television Inc shows that there have been three insider buys and two insider sells over the past year. This recent sale by Paul Mctear is part of the two insider sells recorded.
On the day of the transaction, shares of Gray Television Inc were trading at $3.77, giving the stock a market cap of $352.280 million. The company's price-earnings ratio stands at 2.18, which is lower than the industry median of 17.855 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $3.77 and a GF Value of $7.17, Gray Television Inc has a price-to-GF-Value ratio of 0.53. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
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.
