On December 18, 2024, Liuzza Nicholas Reyland JR, a Director at Red Cat Holdings Inc (RCAT, Financial), sold 328,928 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 681,072 shares of the company.
Red Cat Holdings Inc is a technology company that provides products, services, and solutions to the drone industry. The company focuses on the design, development, and sale of drone products and services, including drone software and hardware.
The insider transaction history for Red Cat Holdings Inc shows that there have been no insider buys in total over the past year. Meanwhile, there have been four insider sells over the same timeframe. Over the past year, Liuzza Nicholas Reyland JR has sold 328,928 shares in total and purchased zero shares in total.
Shares of Red Cat Holdings Inc were trading for $8.29 apiece on the day of Liuzza Nicholas Reyland JR’s recent sale. This gives the stock a market cap of $860.927 million. With a price of $8.29 and a GuruFocus Value of $3.19, Red Cat Holdings Inc has a price-to-GF-Value ratio of 2.6. This means the stock is significantly overvalued 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.
