On November 1, 2024, Anil Doradla, Chief Financial Officer of Grid Dynamics Holdings Inc (GDYN, Financial), executed a sale of 3,000 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $17.66 per share. Post-transaction, the insider owns a total of 380,282 shares in the company.
Grid Dynamics Holdings Inc (GDYN, Financial) specializes in driving enterprise-level digital transformation services. The company focuses on emerging technology solutions and innovation for Fortune 1000 corporations, blending engineering excellence with next-generation technologies such as artificial intelligence, data science, cloud computing, and DevOps.
Over the past year, Anil Doradla has sold a total of 41,000 shares and has not made any purchases. This recent sale is part of a broader trend within Grid Dynamics Holdings Inc, where there have been 40 insider sells and no insider buys over the last year.
Shares of Grid Dynamics Holdings Inc were trading at $17.66 on the day of the sale, giving the company a market cap of approximately $1.20 billion. The price-earnings ratio stands at 521.00, significantly above both the industry median of 26.32 and the company's historical median.
The stock's GF Value is estimated at $13.12, indicating that with a current price of $17.66, Grid Dynamics Holdings Inc is modestly overvalued with a price-to-GF-Value ratio of 1.35.
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 activity and valuation metrics provide a snapshot of the financial and operational stance of Grid Dynamics Holdings Inc, reflecting the ongoing adjustments in insider holdings and market valuation.
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.
