On May 24, 2024, Sean Kiewiet, the Chief Strategy Officer of Priority Technology Holdings Inc (NASDAQ:PRTH), sold a large number of shares in the company. Kiewiet disclosed the transaction to the SEC on the same day and now holds 1,241,853 shares in Priority Technology Holdings Inc.
Priority Technology Holdings Inc is a leading provider of merchant acquiring and commercial payment solutions. The company offers a platform for merchants, banks, and distribution partners to streamline their businesses through payment processing services.
Over the past year, Kiewiet has sold a total of 263,951 shares of the company without making any purchases. According to insider transaction history for Priority Technology Holdings Inc, there have been one buy and 22 sells over the past year. This suggests that insiders are selling more than they are buying in this stock.
On May 24th, when Kiewiet made his most recent sale, shares of Priority Technology Holdings Inc were trading at $3.83 per share. With this price point, the company had a market capitalization of $357 million. The GF Value indicates that this stock is modestly undervalued with a price-to-GF-Value ratio of just 0.68 on a GF Value of $5.67 per share.
The GF Value takes into account several financial metrics such as price-earnings ratio (P/E), price-sales ratio (P/S), price-book ratio (P/B), and price-to-free cash flow (P/FCF). It also considers historical performance and future business projections from analysts to determine its value as an investment opportunity.
It’s important to note that this article generated by GuruFocus provides general insights based on historical data and analyst predictions using an impartial methodology. It does not offer specific investment recommendations or consider individual investment objectives or financial situations. Instead, it aims to provide long-term data-driven analysis that may not take into account recent price sensitive company announcements or qualitative information
