Tim O’Brien, Executive Vice President and Chief Financial Officer of N-able Inc (NYSE:NABL), sold 22,148 shares of the company’s stock on August 15, 2024. The transaction was reported in a recent SEC filing. Following this sale, the insider now owns 565,222 shares of N-able Inc.
N-able Inc. specializes in providing cloud-based software solutions to managed service providers, enabling them to support digital transformation and IT service management for small and medium-sized businesses.
Over the past year, Tim O’Brien has sold a total of 100,205 shares of N-able Inc. and made no purchases. This recent sale is part of a broader trend within the company, where there were 12 insider sales and no insider purchases over the past year.
On the day of the sale, N-able Inc. shares were trading at $12.81, giving the company a market capitalization of approximately $2.37 billion. The company’s price-to-earnings ratio is 75.24, which is higher than the industry average of 25.32.
According to GF Value, N-able Inc.’s intrinsic value is estimated at $14.32 per share, suggesting that the stock is slightly undervalued with a Price to GF Value ratio of 0.89.
The GF value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio and price-free cash flow, adjusted for the company’s past performance and expected future business results.
This insider sale may be of interest to investors who track insider behavior as an indicator of the company’s future performance and valuation adjustments.
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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