On November 19, 2024, Michael Wallace, Chief Operating Officer of Spok Holdings Inc (SPOK, Financial), executed a sale of 12,000 shares of the company. Following this transaction, the insider now holds 37,465 shares of Spok Holdings Inc. The details of this transaction can be found in the SEC Filing.
Spok Holdings Inc is a company that provides a suite of communication solutions, including paging services, software solutions, and related services. The company serves a variety of industries, with a focus on healthcare, government, and public safety sectors.
The insider transaction history for Spok Holdings Inc indicates that there have been no insider purchases over the past year, while there have been 18 insider sales during the same period. Over the past year, Michael Wallace has sold a total of 97,000 shares and has not made any purchases.
As of the date of the recent sale, shares of Spok Holdings Inc were trading at $15.95, giving the stock a market cap of $323.546 million. The company's price-earnings ratio stands at 21.86, which is lower than the industry median of 22.56 but higher than the company's historical median price-earnings ratio.
With a trading price of $15.95 and a GuruFocus Value of $12.23, Spok Holdings Inc has a price-to-GF-Value ratio of 1.3, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
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.
