Insider Sale: President and CEO Reza Zadno Sells 26,420 Shares of PROCEPT BioRobotics Corp (PRCT)

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Nov 17, 2024

Reza Zadno, President and CEO of PROCEPT BioRobotics Corp (PRCT, Financial), executed a sale of 26,420 shares of the company on November 13, 2024. The transaction was filed on SEC Filing. Following this transaction, the insider now owns 232,025 shares of the company.

PROCEPT BioRobotics Corp is a medical device company that focuses on the design, development, and commercialization of robotic surgical devices. The company's main product, AquaBeam Robotic System, utilizes a proprietary waterjet technology to treat benign prostatic hyperplasia (BPH).

Over the past year, Reza Zadno has sold a total of 329,451 shares and has not made any purchases. The insider transaction history for PROCEPT BioRobotics Corp shows a total of 30 insider sells and no insider buys over the past year.

Shares of PROCEPT BioRobotics Corp were trading at $94.08 on the day of the transaction. The company has a market cap of approximately $4.812 billion.

The stock is currently considered Fairly Valued with a price-to-GF Value ratio of 1.14, based on a GF Value of $82.47. The GF Value is calculated 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.

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