On November 22, 2024, Mitchell Saunders, Chief Accounting Officer of Atlanticus Holdings Corp (ATLC, Financial), sold 16,004 shares of the company. Following this transaction, the insider now owns 50,973 shares of the company. The details of this transaction can be found in the SEC Filing.
Atlanticus Holdings Corp (ATLC) is a financial services company that provides credit and related financial services and products to underserved consumer credit market segments. The company operates primarily through its subsidiaries, offering a range of financial products and services.
The insider transaction history for Atlanticus Holdings Corp shows that there have been 1 insider buy and 9 insider sells over the past year. This indicates a trend of more selling activity among insiders.
As of the date of the transaction, shares of Atlanticus Holdings Corp were trading at $55.55 each, giving the stock a market cap of $812.996 million. The company's price-earnings ratio stands at 12.40, which is lower than the industry median of 15.535 but higher than the company’s historical median price-earnings ratio.
With a trading price of $55.55 and a GF Value of $32.76, Atlanticus Holdings Corp has a price-to-GF-Value ratio of 1.7, indicating that the stock is significantly 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.
