On November 25, 2024, Michael Gianoni, President and Chief Executive Officer of Blackbaud Inc, executed a sale of 29,214 shares of the company. Following this transaction, the insider now holds 344,079 shares of Blackbaud Inc.
Blackbaud Inc (BLKB, Financial) is a leading provider of cloud software solutions, services, expertise, and data intelligence to the social good community. This includes nonprofits, foundations, corporations, education institutions, healthcare organizations, and individual change agents. The company is dedicated to powering an ecosystem of good that builds a better world.
The insider transaction history for Blackbaud Inc indicates that there have been no insider buys over the past year, while there have been 32 insider sells during the same period. Over the past year, Michael Gianoni has sold a total of 99,749 shares and has not purchased any shares.
On the day of the recent sale, shares of Blackbaud Inc were trading at $86.77, giving the stock a market cap of $4.436 billion. The company's price-earnings ratio stands at 85.75, which is higher than the industry median of 26.46 but lower than the company's historical median price-earnings ratio.
With a trading price of $86.77 and a GF Value of $77.03, Blackbaud Inc has a price-to-GF-Value ratio of 1.13, 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.
