On May 24, 2024, Jarrod Yahes, Chief Financial Officer of Shutterstock Inc (SSTK, Financial), purchased 5,350 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 43,904 shares of Shutterstock Inc.
Shutterstock Inc operates as a global marketplace for licensed imagery, providing high-quality licensed photographs, vectors, illustrations, videos, and music to businesses, marketing agencies, and media organizations around the world.
The transaction occurred with shares priced at $37.35, valuing the purchase at approximately $199,822.50. This acquisition comes at a time when the market cap of Shutterstock Inc stands at $1.31 billion.
The price-earnings ratio of the stock is 14.17, which is lower than the industry median of 22.43. This ratio is also below the company's historical median, suggesting a potentially undervalued status in comparison to its earnings.
According to the GF Value, the intrinsic value of the stock is estimated at $66.06, indicating that at the current price of $37.35, Shutterstock Inc is significantly undervalued. The price-to-GF-Value ratio stands at 0.57.
The insider transaction history for Shutterstock Inc shows a trend with 2 insider buys and 13 insider sells over the past year. This recent purchase by the insider might signal a positive outlook on the stock's value.
Considering the valuation metrics and insider activities, potential investors might find the current stock price an interesting entry point, especially in light of its GF Value.
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.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
