On December 20, 2024, the Nicholas & Melinda Gerber Living Trust, a CEO and 10% Owner, purchased 42,149 shares of The Marygold Companies Inc (MGLD, Financial). Following this transaction, the insider now holds a total of 18,510,915 shares of the company. The transaction details can be found in the SEC Filing.
The Marygold Companies Inc is involved in providing financial services and products. The company operates in various sectors, including investment management and advisory services.
The recent purchase by the Nicholas & Melinda Gerber Living Trust is part of a broader trend of insider activity within the company. Over the past year, the insider has acquired a total of 260,900 shares and has not sold any shares. In the same period, The Marygold Companies Inc has seen a total of six insider buys and one insider sell.
On the day of the recent purchase, shares of The Marygold Companies Inc were trading at $1.72, resulting in a market cap of $67.354 million. The stock's GF Value is estimated at $1.17, giving it a price-to-GF-Value ratio of 1.47. This indicates 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, along with 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.
