Insider Sale: CTO Avishai Vaknin Sells Shares of EzFill Holdings Inc (EZFL)

On September 12, 2024, Avishai Vaknin, Chief Technology Officer of EzFill Holdings Inc (EZFL, Financial), sold 18,667 shares of the company. Following this transaction, the insider now owns 81,033 shares of EzFill Holdings Inc. The sale was documented in a recent SEC Filing.

EzFill Holdings Inc operates as a mobile fueling company, providing delivery of fuel directly to vehicles, boats, and construction equipment. The company aims to eliminate the need for traditional gas stations by offering convenient, on-site refueling services.

Over the past year, the insider has sold a total of 22,967 shares and has not made any purchases of the company's stock. In terms of insider activity at EzFill Holdings Inc, there have been 2 insider buys and 3 insider sells over the past year.

On the day of the sale, shares of EzFill Holdings Inc were trading at $4.01, giving the company a market cap of $25.601 million. According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of a stock, EzFill Holdings Inc has a GF Value of $10.66. This results in a price-to-GF-Value ratio of 0.38, suggesting that the stock might be undervalued and is categorized as a "Possible Value Trap, Think Twice."

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from analysts.

This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and stock valuation adjustments.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.