On December 3, 2024, Stanley Stern, a Director at Ormat Technologies Inc (ORA, Financial), sold 411 shares of the company. Following this transaction, the insider now owns 4,931 shares of Ormat Technologies Inc. The details of this transaction can be found in the SEC Filing.
Ormat Technologies Inc is a company that specializes in geothermal and recovered energy power business. The company designs, develops, builds, owns, and operates geothermal and recovered energy-based power plants, primarily in the United States and other countries.
Over the past year, Stanley Stern has sold a total of 3,759 shares and has not purchased any shares. The insider transaction history for Ormat Technologies Inc indicates that there have been no insider buys in total over the past year, while there have been 10 insider sells during the same period.
As of the date of the recent transaction, shares of Ormat Technologies Inc were trading at $79.92 each, giving the stock a market cap of $4.762 billion. The company's price-earnings ratio stands at 40.18, which is higher than the industry median of 15.98 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $79.92 and a GF Value of $90.72, Ormat Technologies Inc has a price-to-GF-Value ratio of 0.88, 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 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.
