On November 15, 2024, Edward Ratinoff, Director of Axos Financial Inc (AX, Financial), executed a sale of 4,002 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 46,209 shares of Axos Financial Inc.
Axos Financial Inc operates as a technology-driven financial services company. The company provides a range of banking and lending products primarily to individual consumers and businesses. The company's offerings include consumer and business banking products through its branchless digital platform, which allows for a streamlined and efficient customer experience.
Over the past year, Edward Ratinoff has sold a total of 7,002 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 13 insider sells and only 1 insider buy over the past year.
Shares of Axos Financial Inc were trading at $79.41 on the day of the sale. The company currently holds a market cap of approximately $4.58 billion. The price-earnings ratio of the stock stands at 9.70, which is below the industry median of 10.81 and also lower than the company’s historical median.
The GF Value of Axos Financial Inc is estimated at $67.18, suggesting that with a current price of $79.41, the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.18.
The GF Value is calculated considering historical trading 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.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation metrics 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.
