On November 25, 2024, Chad Chen, a Director at Faraday Future Intelligent Electric Inc (FFIE, Financial), sold 15,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 7,943 shares of the company.
Faraday Future Intelligent Electric Inc (FFIE) is a company that focuses on the development of intelligent electric vehicles. The company aims to redefine the future of mobility through its innovative electric vehicle technology and design.
The insider transaction history for Faraday Future Intelligent Electric Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there has been 1 insider sell over the same timeframe.
Over the past year, Chad Chen has sold 15,000 shares in total and purchased 0 shares in total. This recent sale aligns with the overall insider trend observed in the company.
Shares of Faraday Future Intelligent Electric Inc were trading for $1.57 apiece on the day of Chad Chen’s recent sale. This gives the stock a market cap of $60.745 million.
For investors, it is important to consider various valuation metrics such as the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow when evaluating the stock.
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.
