Yahoo Finance Insider Selling: Director Keith Rabois Sells Shares of Affirm Holdings Inc (AFRM)
On May 1, 2024, Director Keith Rabois sold 9,276 shares of Affirm Holdings Inc (NASDAQ:AFRM) as reported in a recent SEC Filing. The transaction occurred at a price of $32.12 per share.
Affirm Holdings Inc operates as a financial technology company, providing a platform for digital and mobile-first commerce. The company offers a range of services that include point-of-sale payment solutions for consumers, merchant commerce solutions, and a consumer-focused app that allows for personalized shopping experiences.
Over the past year, the insider has sold a total of 27,828 shares of the company and has not made any purchases. This recent transaction follows a pattern observed over the past year, where there have been 7 insider sells and no insider buys.
The shares of Affirm Holdings Inc were trading at $32.12 on the day of the transaction, giving the company a market cap of approximately $10.72 billion.
According to the GF Value, the intrinsic value of the stock is estimated at $42.97, indicating that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.75.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
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.
This article first appeared on GuruFocus.
