On November 20, 2024, Stacy Smith, a Director at Wolfspeed Inc, purchased 30,376 shares of the company. Following this transaction, the insider now owns a total of 53,357 shares. The transaction details can be found in the SEC Filing.
Wolfspeed Inc (WOLF, Financial) is a company that specializes in the development and production of wide bandgap semiconductors, primarily silicon carbide and gallium nitride, which are used in power and radio frequency applications. These semiconductors are critical for various industries, including automotive, telecommunications, and renewable energy.
The insider's recent purchase is part of a broader trend observed over the past year, where Stacy Smith has acquired a total of 39,826 shares and has not sold any shares. This activity is consistent with the overall insider transaction history for Wolfspeed Inc, which shows 9 insider buys and 3 insider sells over the past year.
On the day of the recent purchase, shares of Wolfspeed Inc were trading at $6.43, resulting in a market cap of $822.477 million. The stock's GF Value is estimated at $72.32, giving it a price-to-GF-Value ratio of 0.09. This suggests that the stock is considered 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 price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company’s past returns and growth, along with 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.
