Insider Sale: Director Debra Perry Sells 5,280 Shares of Korn Ferry (KFY)

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Oct 17, 2024
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On October 15, 2024, Debra Perry, a Director at Korn Ferry (KFY, Financial), executed a sale of 5,280 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 46,180 shares of Korn Ferry.

Korn Ferry is a global organizational consulting firm, synchronizing strategy and talent to drive superior performance for their clients. The company offers a range of solutions including executive search, recruitment process outsourcing, and leadership development.

The shares were sold at a price of $73.3, valuing the transaction at approximately $387,024. This sale contributes to a total of 5,280 shares sold by Debra Perry over the past year, with no shares purchased during the same period.

The insider transaction history for Korn Ferry shows a trend of more sales than purchases among insiders over the past year, with 6 insider sales and 0 insider buys.

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As of the date of the sale, Korn Ferry had a market cap of approximately $3.82 billion. The stock's price-earnings ratio stood at 20.97, above both the industry median of 18.59 and the company’s historical median.

The GF Value of Korn Ferry is estimated at $58.54, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.25.

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The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, 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 alignment.

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.