On November 25, 2024, Laurie Weisberg, a Director at Surgepays Inc, purchased 7,809 shares of the company. Following this transaction, the insider now owns a total of 7,809 shares. This transaction is documented in the SEC Filing.
Surgepays Inc (SURG, Financial) is a company that focuses on providing financial technology solutions and services. The company operates in the telecommunications and financial services sectors, offering prepaid wireless services, financial services, and other related products.
The insider transaction history for Surgepays Inc indicates that there have been three insider buys and thirteen insider sells over the past year. This recent purchase by Laurie Weisberg marks the only buy transaction by the insider in the past year, with no shares sold.
On the day of the purchase, shares of Surgepays Inc were trading at $1.79, resulting in a market cap of $40.528 million. The stock's GF Value was estimated at $1.69, giving it a price-to-GF-Value ratio of 1.06, 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 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.
