On December 30, 2024, Cormac Twomey, Executive Vice President, Global Operations & Delivery at Concentrix Corp, sold 500 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 23,936 shares of Concentrix Corp.
Concentrix Corp (CNXC, Financial) is a global provider of business services, offering customer engagement and business performance solutions. The company operates in various sectors, including technology, consumer electronics, retail, travel, and healthcare, among others.
Over the past year, Cormac Twomey has sold a total of 4,644 shares and has not purchased any shares. The insider transaction history for Concentrix Corp indicates there have been 4 insider buys and 9 insider sells over the same period.
As of the date of the recent transaction, shares of Concentrix Corp were trading at $44.05, giving the stock a market cap of $2.804 billion. The company's price-earnings ratio stands at 14.05, which is lower than the industry median of 26.79 and also lower than the company's historical median price-earnings ratio.
With a trading price of $44.05 and a GF Value of $128.91, Concentrix Corp has a price-to-GF-Value ratio of 0.34. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes 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 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.
