Yahoo Finance Insider Sell: COO Andrew Burton Sells 20,653 Shares of Rapid7 Inc (RPD)
Andrew Burton, the Chief Operating Officer of Rapid7 Inc (NASDAQ:RPD), has sold 20,653 shares of the company on April 8, 2024, according to a recent SEC filing. The transaction was executed at an average price of $48.73 per share, resulting in a total value of $1,005,622.69.
Rapid7 Inc is a cybersecurity company that provides analytics solutions for security and IT operations. The company's products include threat exposure management, incident detection and response, and application security solutions. Rapid7 helps organizations reduce risk, improve security operations, and increase business efficiency.
Over the past year, Andrew Burton has sold a total of 107,957 shares of Rapid7 Inc and has not made any purchases of the stock. The insider transaction history for Rapid7 Inc shows a pattern of 7 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of Rapid7 Inc were trading at $48.73, giving the company a market capitalization of $3.100 billion.
The stock's price-to-GF-Value ratio stands at 0.62, with a GuruFocus Value of $78.43. This valuation suggests that Rapid7 Inc is currently categorized as a Possible Value Trap, Think Twice, based on its GF Value.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at Rapid7 Inc.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value estimate.
For more detailed information and analysis on insider transactions and the company's valuation, investors and stakeholders can refer to the full SEC filing.
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.
This article first appeared on GuruFocus.
