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Insider Sale: EVP/CFO Brian Poff Sells 6,839 Shares of Addus HomeCare Corp (ADUS)

Published 2024-09-13, 01:00 p/m
© Reuters.  Insider Sale: EVP/CFO Brian Poff Sells 6,839 Shares of Addus HomeCare Corp (ADUS)
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GuruFocus - On September 12, 2024, Brian Poff, Executive Vice President and Chief Financial Officer of Addus HomeCare Corp (NASDAQ:ADUS), sold 6,839 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 24,705 shares of Addus HomeCare Corp.

Addus HomeCare Corp provides comprehensive home care services that include personal care, home health, and hospice services, primarily to older adults and younger disabled persons. The company's services enable its clients to live comfortably in their own homes while managing their health-related issues.

Over the past year, the insider has sold a total of 11,653 shares and has not made any purchases. This recent transaction is part of a broader trend observed over the last year at Addus HomeCare Corp, where there have been 24 insider sells and no insider buys.

On the day of the sale, shares of Addus HomeCare Corp were trading at $128.62, giving the company a market cap of approximately $2.355 billion. The price-earnings ratio of the stock stood at 30.84, which is above the industry median of 23.5.

According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Addus HomeCare Corp has a GF Value of $109.35. With the current price of $128.62, the stock has a price-to-GF-Value ratio of 1.18, indicating that it is modestly overvalued.

The GF Value is determined by historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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 content was originally published on Gurufocus.com

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