GuruFocus - On August 12, 2024, John Pagliuca, President and Chief Executive Officer of N-able Inc (NYSE:NABL), executed a significant transaction by selling 150,956 shares of the company. The sale was documented in an SEC Filing. Following this transaction, the insider now owns 1,465,346 shares of N-able Inc.
N-able Inc specializes in providing cloud-based software solutions for managed service providers, enabling them to support digital transformation and IT service management for small and medium-sized businesses.
Over the past year, John Pagliuca has sold a total of 189,850 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 9 insider sells and no insider buys over the past year.
Shares of N-able Inc were trading at $12.77 on the day of the transaction. The company has a market cap of approximately $2.37 billion. The price-earnings ratio stands at 75.29, which is above the industry median of 25.17.
The stock's valuation relative to its GF Value of $14.32 suggests that it is modestly undervalued, with a price-to-GF-Value ratio of 0.89. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider selling activity could be of interest to current and potential investors, providing insights into executive sentiment and potential future stock performance.
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.
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