Yahoo Finance Insider Sale: CEO Patricia Trompeter Sells 120,000 Shares of Sphere 3D Corp (ANY)
On June 12, 2024, Patricia Trompeter, CEO of Sphere 3D Corp (NASDAQ:ANY), executed a significant transaction by selling 120,000 shares of the company. The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 429,687 shares of Sphere 3D Corp.
Sphere 3D Corp specializes in providing solutions in containerization, virtualization, and data management. The company aims to offer a broad spectrum of technologies that enhance data access, management, and protection across a variety of sectors.
Over the past year, Patricia Trompeter has sold a total of 270,000 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been six insider sells and no insider buys over the past year.
Shares of Sphere 3D Corp were trading at $1.2 on the day of the sale, giving the company a market cap of $21.6 million. The stock's valuation metrics, such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are calculated based on historical trading multiples, adjustments for past performance, and future business expectations.
According to the GF Value, the intrinsic value of Sphere 3D Corp is estimated at $7.96 per share, which suggests that the stock is currently undervalued, with a price-to-GF-Value ratio of 0.15. This valuation indicates that the stock might be a Possible Value Trap, and potential investors should think twice.
This insider selling activity and the current valuation metrics provide critical data points for investors monitoring Sphere 3D Corp's stock performance and insider behaviors.
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.
