On August 16, 2024, Tim O'Brien, Executive Vice President and Chief Financial Officer of N-able Inc (NABL, Financial), executed a sale of 44,151 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $12.77 per share. Following this transaction, the insider now owns 510,261 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 globally.
Over the past year, Tim O'Brien has sold a total of 144,356 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been 12 insider sells and no insider buys over the past year.
As of the latest transaction, N-able Inc (NABL, Financial) holds a market cap of approximately $2.35 billion. The stock's price-earnings ratio stands at 74.47, which is above the industry median of 25.56. This valuation suggests a premium compared to the industry average.
The company's shares are currently trading at a price-to-GF Value ratio of 0.89, indicating that the stock is modestly undervalued with a GF Value of $14.33. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation adjustments. The transaction details and the company's valuation metrics provide a snapshot of N-able Inc's current financial positioning in the market.
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.
