Insider Buying: STONE WILLIAM GORDON III Acquires 100,000 Shares of Digital Turbine Inc (APPS)

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Nov 20, 2024
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On November 19, 2024, [STONE WILLIAM GORDON III](https://www.gurufocus.com/insider/31907/stone-william-gordon-iii), the Chief Executive Officer of Digital Turbine Inc, purchased 100,000 shares of [Digital Turbine Inc (APPS, Financial)](https://www.gurufocus.com/stock/APPS/summary). Following this transaction, the insider now owns a total of 1,671,919 shares of the company. The details of this transaction can be found in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/317788/000162828024048448/xslF345X01/wk-form4_1732051284.xml). Digital Turbine Inc is a company that provides a platform for mobile operators and OEMs to monetize mobile content. The company offers products and solutions that simplify content discovery and delivery, allowing for a seamless user experience. The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been two insider buys and zero insider sells, indicating a potential confidence in the company's future prospects. Shares of Digital Turbine Inc were trading at $1.22 each on the day of the insider's purchase, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/APPS) of $125.508 million. The [GF Value](https://www.gurufocus.com/term/gf-value/APPS) of the stock is estimated at $7.80, resulting in a price-to-GF-Value ratio of 0.16. This suggests that the stock is a "Possible Value Trap, Think Twice" based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/APPS), [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/APPS), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/APPS), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/APPS). It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts. Below is the insider trend image illustrating the insider transaction history for Digital Turbine Inc:

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Additionally, the GF Value image provides a visual representation of the stock's valuation:

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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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.