On November 19, 2024, [Daniel Brdar](https://www.gurufocus.com/insider/45674/daniel-brdar), President and Chief Executive Officer of Ideal Power Inc, purchased 4,500 shares of the company. Following this transaction, the insider now owns a total of 179,526 shares of Ideal Power Inc. The details of this transaction can be found in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/1260614/000143774924035897/xslF345X01/rdgdoc.xml). Ideal Power Inc (IPWR, Financial) is a company that specializes in the development of innovative power conversion technologies. These technologies are designed to improve the efficiency and performance of electrical systems across various applications. 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 no insider sells, indicating a positive sentiment among the company's leadership. ![Insider Trends](https://userupload.gurufocus.com/1859597799662972928.png) On the day of the purchase, shares of Ideal Power Inc were trading at $5.91, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/IPWR) of $47.827 million. The [GF Value](https://www.gurufocus.com/term/gf-value/IPWR) of the stock is estimated at $4.49, resulting in a price-to-GF-Value ratio of 1.32. This suggests that the stock is significantly overvalued based on its GF Value. ![GF Value](https://userupload.gurufocus.com/1859597826175168512.png) 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/IPWR), [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/IPWR), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/IPWR), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/IPWR). 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.
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.