On November 21, 2024, Michael Gianoni, President and Chief Executive Officer of Blackbaud Inc, sold 28,571 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 373,293 shares of Blackbaud Inc.
Blackbaud Inc (BLKB, Financial) is a leading provider of cloud software, services, data intelligence, and expertise that empowers and connects people to drive impact for social good. The company serves the entire social good community, which includes nonprofits, foundations, corporations, education institutions, healthcare institutions, and individual change agents.
Over the past year, Michael Gianoni has sold a total of 70,535 shares and has not purchased any shares. The insider transaction history for Blackbaud Inc shows that there have been 0 insider buys and 30 insider sells over the same timeframe.
On the day of the recent sale, shares of Blackbaud Inc were trading at $82.97, giving the stock a market cap of $4.33 billion. The company's price-earnings ratio is 83.70, which is higher than the industry median of 26.46 but lower than the company’s historical median price-earnings ratio.
With a price of $82.97 and a GF Value of $76.89, Blackbaud Inc has a price-to-GF-Value ratio of 1.08, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.
