On October 31, 2024, David Green, Chief Administrative Officer of Global Payments Inc (GPN, Financial), executed a sale of 31,291 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $104.55, totaling approximately $3,271,095. The insider now owns 66,225 shares of Global Payments Inc.
Global Payments Inc is a leading worldwide provider of payment technology and software solutions delivering innovative services to customers globally. This financial technology company offers a range of solutions that allow its customers to make seamless and secure transactions in various merchant locations, online, and on mobile devices.
Over the past year, the insider has sold a total of 49,211 shares and has not made any purchases. The recent transaction follows a pattern observed in the insider transaction history for Global Payments Inc, which shows a predominance of insider selling over buying, with 7 sells and only 1 buy over the last year.
The shares of Global Payments Inc were trading at $104.55 on the day of the sale, giving the company a market cap of approximately $26.58 billion. The price-earnings ratio of the company stands at 13.07, which is lower than the industry median of 18.11 and also below the company’s historical median.
According to the GF Value, the intrinsic value of Global Payments Inc is estimated at $132.66 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.79.
This valuation is supported by historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The recent insider selling activity could be of interest to current and potential investors, providing insights into how insiders view the stock's 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.
