On December 2, 2024, Thomas Beaudoin, a Director at Cerence Inc (CRNC, Financial), sold 5,000 shares of the company, according to a recent SEC Filing. Following this transaction, the insider now owns 183,966 shares of the company.
Cerence Inc (CRNC) is a global leader in creating unique, moving experiences for the automotive world. As an innovation partner to the world's leading automakers, Cerence is helping transform how a car feels, responds, and learns. Its AI-powered assistants, connected services, and innovative applications are built on decades of knowledge and expertise.
The insider transaction history for Cerence Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 26 insider sells over the same timeframe. Over the past year, Thomas Beaudoin has sold 84,140 shares in total and purchased 0 shares in total.
Shares of Cerence Inc were trading for $7.36 apiece on the day of Thomas Beaudoin’s recent sell. This gives the stock a market cap of $307.504 million.
With a price of $7.36 and a GuruFocus Value of $19.23, Cerence Inc has a price-to-GF-Value ratio of 0.38. This means the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- 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.
