On December 3, 2024, David Kessler, Chief Science Officer at Agrify Corp, executed a sale of 13,598 shares of Agrify Corp (AGFY, Financial). Following this transaction, the insider now holds 0 shares of the company. The details of this transaction can be found in the SEC Filing.
Agrify Corp is a company that provides advanced cultivation and extraction solutions for the cannabis and hemp industry. The company offers a range of products and services designed to optimize the growth and processing of cannabis and hemp plants.
The insider transaction history for Agrify Corp indicates that there have been 3 insider buys and 4 insider sells over the past year. This recent sale by David Kessler contributes to the overall trend of insider selling within the company.
On the day of the transaction, shares of Agrify Corp were trading at $37.44, giving the stock a market cap of $56.677 million. The GF Value of the stock is estimated at $1.48, resulting in a price-to-GF-Value ratio of 25.3. This suggests that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using 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 insider sale by David Kessler is a notable event for investors and analysts monitoring Agrify Corp, as it reflects the insider's decision to divest from the company at this time.
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.
