On August 20, 2024, Michael Wallace, Chief Operating Officer of Spok Holdings Inc (NASDAQ:SPOK), sold 25,000 shares of the company’s stock at a price of $14.8 per share. The transaction, as described in the SEC filing, resulted in a total sale amount of $370,000. Following this transaction, the insider now owns 49,465 shares of Spok Holdings Inc.
Spok Holdings Inc (NASDAQ:SPOK) specializes in healthcare communications and provides solutions that help manage information, improve productivity and increase patient satisfaction. The company’s services include paging services, mobile communications and software solutions that integrate with hospital information systems.
Over the past year, Michael Wallace has sold a total of 85,000 shares and has not purchased any shares of the company. Spok Holdings Inc’s insider transaction history shows a trend with 1 insider purchase and 14 insider sales over the past year.
Spok Holdings Inc. shares were trading at $14.8 on the day of the sale, giving the company a market capitalization of approximately $299.502 million. The stock’s price-to-earnings ratio is 19.19, which is below the industry median of 23.645 but above the company’s historical median.
According to GF Value, an estimate of intrinsic value used to determine whether a stock is overvalued or undervalued, Spok Holdings Inc. has a GF Value of $9.40. At the current price of $14.8, the stock has a Price to GF Value ratio of 1.57, indicating that it is significantly overvalued.
Valuation metrics, including price-to-sales, price-to-book, price-to-free cash flow, and GF Value, suggest that investors should closely monitor the stock’s price movements relative to its fundamental value.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
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