Tim O’Brien, Executive Vice President and Chief Financial Officer of N-able Inc (New York Stock Exchange:NABL), sold 22,148 shares of the company on August 15, 2024. The transaction was reported in a recent SEC FilingFollowing this sale, the insider now owns 565,222 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, Tim O’Brien has sold a total of 100,205 shares of N-able Inc. stock and has made no purchases of shares. This recent sale is part of a broader trend within the company, where there have been 12 sales and no purchases of shares by insiders over the past year.
On the date of the sale, N-able Inc. shares were trading at $12.81, giving the company a market capitalization of approximately $2.37 billion. price-earnings ratio The company’s value stands at 75.24, above the sector median of 25.32.
According to the GF ValueThe intrinsic value of N-able Inc is estimated at $14.32 per share, which suggests that the stock is modestly undervalued with a GF P/B ratio of 0.89.
The GF value is calculated based on historical trading multiples such as the price-to-earnings ratio, price-sale ratio, Price-to-book ratioand price to free cash flow ratioadjusted to the company’s past performance and expected future business results.
![Insider Sale at N-able Inc (NABL): EVP, CFO Tim O'Brien Sells 22,148 Shares 7 N-able Inc (NABL) Stock Sale: Executive Vice President and CFO Tim O'Brien Sells 22,148 Shares](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/08/1723851074_257_Insider-Sale-at-N-able-Inc-NABL-EVP-CFO-Tim-OBrien.png.webp)
This insider selling could be of interest to investors who follow insider behavior as an indicator of future company performance and valuation adjustments.
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This article first appeared in Guru Focus.