Gary Burnison, CEO of Korn Ferry (KFY, Financial), executed a sale of 100,000 shares of the company on October 3, 2024. The transaction was filed on the same day with the SEC. Following this sale, the insider now owns 273,118 shares of Korn Ferry.
Korn Ferry is a global organizational consulting firm, synchronizing strategy and talent to drive superior performance for their clients. The company offers a range of solutions that help organizations align their structure with their strategy and hire the right people to bring their strategy to life.
Over the past year, Gary Burnison has sold a total of 100,000 shares and has not purchased any shares. This recent transaction reflects a continuation of the insider's selling trend rather than buying.
The insider transaction history for Korn Ferry shows no insider buys over the past year, with a total of 5 insider sells during the same period.
On the date of the recent sale, shares of Korn Ferry were trading at $73.16, giving the company a market cap of $3.748 billion. The price-earnings ratio of the stock stands at 20.59, which is above both the industry median of 18.58 and the company’s historical median.
According to the GF Value, the intrinsic value of Korn Ferry is estimated at $58.64 per share, making the stock Modestly Overvalued with a price-to-GF-Value ratio of 1.25.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's 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.
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