On December 2, 2024, Joaquin Castrillo-salgado, Executive Vice President & Chief Financial Officer of Evertec Group, LLC, executed a significant insider transaction by selling 48,453 shares of Evertec Inc (EVTC, Financial). Following this transaction, the insider now holds 54,998 shares of the company. The details of this transaction can be found in the SEC Filing.
Evertec Inc is a leading full-service transaction processing business in Latin America and the Caribbean. The company provides a broad range of merchant acquiring, payment processing, and business solutions services. Evertec Inc operates in 26 countries and serves a diverse customer base, including financial institutions, merchants, corporations, and government agencies.
The insider transaction history for Evertec Inc indicates that there have been no insider purchases over the past year. However, there have been 10 insider sales during the same period, reflecting a trend of insider selling activity.
On the day of the transaction, shares of Evertec Inc were trading at $36.08, resulting in a market cap of $2.274 billion. The company's price-earnings ratio stands at 27.93, which is higher than the industry median of 27.16 and also higher than the company's historical median price-earnings ratio.
With a trading price of $36.08 and a GF Value of $50.26, Evertec Inc has a price-to-GF-Value ratio of 0.72, indicating that the stock is modestly undervalued 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.
