On August 12, 2024, Ann Johnson, Director at N-able Inc (NABL, Financial), executed a sale of 21,200 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 48,797 shares of N-able Inc.
N-able Inc (NABL, Financial) specializes in providing cloud-based software solutions for managed service providers, enabling them to support digital transformation and IT service management for small and medium-sized businesses.
The shares were sold at a price of $12.79 each, valuing the transaction at approximately $270,748. This sale is part of a broader trend observed over the past year, where there have been no insider purchases but nine insider sales at N-able Inc.
The current market cap of N-able Inc stands at approximately $2.37 billion. The stock's price-earnings ratio is 75.29, which is above the industry median of 25.17. Despite this higher ratio, the stock is considered Modestly Undervalued with a GF Value of $14.32 and a price-to-GF-Value ratio of 0.89.
The valuation metrics, such as the price-earnings ratio, along with other historical multiples like price-sales ratio, price-book ratio, and price-to-free cash flow, are considered in the GF Value calculation. This intrinsic value estimate also incorporates a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and 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.
