What’s more interesting in fact, Mr. Singer has bought $5.8 million worth of stock since the beginning of October 2017 according to recent SEC filings. That’s roughly 10.9% of the company’s total market capitalization.
The company’s shares last traded at $4.75 as of Tuesday, approximately 68.3% of its 52-week high and down -20.7% over the last six months. While the stock is near its low, could the recent insider transactions signal a promising road ahead for shareholders?
Finbox.io applies pre-built valuation models to calculate a fair value for a given stock and uses consensus Wall Street estimates for the forecast when available. The company’s average fair value of $7.85 implies 65.5% upside and is calculated from 6 separate analyses as shown in the table above.
While insider activity on its own is not necessarily a buy or sell signal, it may offer insight into how ownership and management feel about a company’s future prospects. Keeping an eye on the activities of insiders and institutions can help investors make more informed investment decisions.
I recommend you continue to research CCUR to get a more comprehensive view of the company by looking at:
Risk Metrics: how is CCUR’s financial health? Find out by viewing our financial leverage data metric which plots the dollars in total assets for each dollar of common equity over time.
Andy is also a founder at finbox.io, where he’s focused on building tools that make it faster and easier for investors to do investment research. Andy’s background is in investment banking where he led the analysis on over 50 board advisory engagements involving mergers and acquisitions, fairness opinions and solvency opinions. Some of his board advisory highlights:
Sears Holdings Corp.’s $620 mm spin-off via rights offering of Sears Outlet, Hometown Stores and Sears Hardware Stores.
Cerberus Capital Management’s $3.3 bn acquisition of SUPERVALU Inc.’s New Albertsons, Inc. assets.
Andy can be reached at email@example.com.
As of this writing, I did not hold a position in any of the aforementioned securities and this is not a buy or sell recommendation on any security mentioned.