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Brightsphere Investment Group (NYSE:BSIG) President and CEO Suren Rana sold 109,960 shares of the company’s stock on February 14, 2024, according to a recent SEC filing. was executed. This transaction is part of insider activity over the past year, with insiders selling a total of 109,960 shares, but not buying any.
BrightSphere Investment Group Inc is a diversified multi-boutique asset management company. The company’s affiliates offer a wide range of investment strategies to meet the diverse needs of clients, including institutional and individual investors. BrightSphere focuses on active management, providing its affiliates with the scale of a large company while maintaining the operational independence and entrepreneurial spirit of its boutique managers.
BrightSphere Investment Group Inc’s insider trading history shows a pattern of 0 insider buys and 1 insider sell over the past year.
In terms of valuation, Brightsphere Investment Group’s stock was trading at $20.74 on the most recent trading day by insiders, giving it a market capitalization of $911,104,000. The company’s price-to-earnings ratio of 12.76 is lower than the industry median of 13.59 and higher than the company’s historical median price-to-earnings ratio.
The Price to GF Value ratio of 0.72 and GF Value of $28.94 indicate that BrightSphere Investment Group Inc. is considered to be moderately undervalued, according to GuruFocus’ estimates of intrinsic value.
GF Value is calculated based on historical trading multiples, GuruFocus adjustment factors related to the company’s past performance, and future performance estimates provided by Morningstar analysts.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
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