On November 12, 2024, Zuhairah Washington, Director at Olo Inc (OLO, Financial), executed a sale of 10,353 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 58,162 shares of Olo Inc.
Olo Inc (OLO, Financial) specializes in providing software solutions that allow restaurants to process orders from various channels. The platform integrates seamlessly with existing restaurant systems to enhance operational efficiencies and improve customer experiences.
Over the past year, the insider has sold a total of 10,353 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 27 insider sells and no insider buys over the past year.
Shares of Olo Inc were trading at $6.66 on the day of the transaction, giving the company a market cap of approximately $1.06 billion. According to the GF Value, the stock is significantly undervalued, with a price-to-GF-Value ratio of 0.66, suggesting a potential undervaluation in the market.
The GF Value is determined by considering historical multiples such as 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.
This insider sale could be of interest to investors monitoring insider behaviors as an indicator of company health and future stock performance, especially in the context of the company's current valuation and market performance.
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.
