On November 7, 2024, Sudhakar Ramakrishna, CEO & President of SolarWinds Corp (SWI, Financial), executed a sale of 200,000 shares of the company. Following this transaction, the insider now owns 2,212,171 shares of SolarWinds Corp. Details of the sale can be viewed through the SEC Filing.
SolarWinds Corp, headquartered in Austin, Texas, is a software company that develops products for IT management. It focuses on helping IT professionals manage networks, systems, and IT infrastructure.
Over the past year, the insider has sold a total of 200,000 shares and has not purchased any shares. The broader insider transaction history for SolarWinds Corp shows a trend with 0 insider buys and 6 insider sells over the past year.
On the date of the latest transaction by the insider, shares of SolarWinds Corp were trading at $13.68. This valuation gives the company a market cap of approximately $2.32 billion. The price-earnings ratio of the stock stands at 63.09, which is above both the industry median of 26.69 and the historical median for the company.
According to the GF Value, the intrinsic value estimate for SolarWinds Corp is $11.38 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.2.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions.
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.
