GuruFocus - On September 10, 2024, President Christopher Perry sold 17,534 shares of Broadridge Financial Solutions Inc (NYSE:BR) as reported in a recent SEC Filing. Following this transaction, the insider now owns 50,236.521 shares of the company.
Broadridge Financial Solutions Inc (NYSE:BR) is a global fintech leader that provides investor communications and technology-driven solutions for broker-dealers, banks, mutual funds, and corporate issuers globally. The company's integrated systems and services include investor communication solutions, securities processing, and data and analytics solutions.
Over the past year, Christopher Perry has sold a total of 109,375 shares and has not made any purchases of the company's stock. This recent transaction continues a trend seen across the company, with a total of 23 insider sells and no insider buys over the past year.
Shares of Broadridge Financial Solutions Inc were trading at $213.41 on the day of the transaction. The company has a market cap of approximately $24.54 billion. The price-earnings ratio of the company stands at 35.88, which is above both the industry median of 25.56 and the company's historical median.
The GF Value, an intrinsic value estimate from GuruFocus, suggests that Broadridge Financial Solutions Inc is currently Fairly Valued with a price-to-GF-Value ratio of 1.1. The GF Value of $193.76 is calculated based on historical trading multiples, an adjustment factor from past returns and growth, and future business performance estimates.
This insider sell event might be of interest to investors tracking insider behaviors and company valuation metrics to gauge Broadridge Financial Solutions Inc's stock potential and market position.
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.