Brandon Moss Increases Stake in Shoals Technologies Group Inc

Author's Avatar
Nov 22, 2024
Article's Main Image
Brandon Moss, Chief Executive Officer of Shoals Technologies Group Inc, has recently acquired 22,300 shares of the company, as reported in a SEC Filing dated November 21, 2024. Following this transaction, the insider now holds a total of 593,700 shares in the company. Shoals Technologies Group Inc (SHLS, Financial) is a provider of electrical balance of system (EBOS) solutions for solar energy projects. The company designs and manufactures products that are used in solar energy systems, including wiring, combiner boxes, and other components that are essential for the efficient operation of solar power installations. The recent purchase by Brandon Moss marks the only insider buy in the past year, while there have been eight insider sales during the same period. 1859779190677729280.png On the day of the transaction, shares of Shoals Technologies Group Inc were trading at $4.55, giving the company a market cap of $733.476 million. The company's price-earnings ratio stands at 22.27, which is lower than the industry median of 32.595 and also below the company's historical median price-earnings ratio. The stock's current price of $4.55 is significantly below its GF Value of $18.32, resulting in a price-to-GF-Value ratio of 0.25. This indicates that the stock is significantly undervalued based on its GF Value. 1859779265105653760.png 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 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.

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.