On October 16, 2024, Jeremy Rishel, Director at Paycor HCM Inc (PYCR, Financial), executed a sale of 3,723 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now directly owns 21,218 shares of the company.
Paycor HCM Inc (PYCR, Financial) specializes in providing human capital management (HCM) software solutions. The company's platform integrates core HR functionalities, including payroll processing, benefits administration, and talent management, catering primarily to small and medium-sized businesses across various industries.
Over the past year, Jeremy Rishel has sold a total of 3,723 shares and has not made any purchases of the company's stock. This recent sale continues a trend observed over the past year at Paycor HCM Inc, where insider transactions have predominantly been sales. In total, there have been 12 insider sales and only 1 insider buy.
Shares of Paycor HCM Inc were trading at $14.02 on the day of the sale. The company has a market cap of approximately $2.47 billion.
According to the GF Value, the intrinsic value of Paycor HCM Inc is estimated at $35.50 per share, suggesting that the stock is currently undervalued with a price-to-GF-Value ratio of 0.39. This valuation indicates that the stock might be a Possible Value Trap, and potential investors should think twice before making an investment.
The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might provide current shareholders and potential investors with insights into how insiders view the stock's current valuation and future prospects.
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.