On December 20, 2024, Jay Jackson, CEO and 10% Owner of Abacus Life Inc (ABL, Financial), sold 75,800 shares of the company. Following this transaction, the insider now owns 9,861,200 shares of the company. The details of this transaction can be found in the SEC Filing.
Abacus Life Inc is a company that operates in the life insurance sector, focusing on the acquisition and management of life insurance policies. The company provides solutions for policyholders seeking liquidity and offers a range of services related to life settlements.
Over the past year, Jay Jackson has sold a total of 2,107,050 shares and has not purchased any shares. The insider transaction history for Abacus Life Inc shows that there have been 3 insider buys and 8 insider sells over the same timeframe.
On the day of the recent sale, shares of Abacus Life Inc were trading at $8 each, giving the stock a market cap of $732.362 million. Investors may consider various valuation metrics such as the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow when evaluating the stock.
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