Scott D. Wollney, a director at Fundamental Global Inc. (NASDAQ:FGF), sold a total of 1,000 shares of common stock over two transactions, according to a recent SEC filing. The transactions occurred on November 21 and November 25, 2024, with shares sold at prices ranging from $29.50 to $31.00. The total value of these sales amounted to $30,450.
Following these transactions, Wollney's direct ownership of Fundamental Global stock stands at 3,390 shares. This includes various restricted stock units granted as director compensation under the company's equity incentive plans.
InvestingPro Insights
Recent data from InvestingPro sheds additional light on Fundamental Global Inc.'s (NASDAQ:FGF) current market position. The company's stock has experienced significant volatility recently, with InvestingPro Tips noting that FGF has taken a big hit over the last week, showing a 1-week price total return of -10.71%. This aligns with the observation that the stock generally trades with high price volatility.
Despite the recent downturn, FGF has shown strong performance over longer periods. InvestingPro data reveals a 1-month price total return of 31.19% and a 3-month return of 18.44%. These figures suggest that while short-term fluctuations are present, the stock has demonstrated resilience over a broader timeframe.
It's worth noting that FGF's market capitalization stands at $35.44 million, with a price-to-book ratio of 0.58, indicating that the stock may be undervalued relative to its book value. This could be of interest to value investors considering the stock's potential.
For those seeking a more comprehensive analysis, InvestingPro offers additional insights with 6 more tips available for Fundamental Global Inc. These tips could provide valuable context for understanding the company's financial health and market position in light of the recent insider selling activity.
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