On December 16, 2024, Neil Manning, President & Chief Operating Officer of Array Technologies Inc, purchased 5,700 shares of the company. Following this transaction, the insider now owns a total of 29,366 shares. The details of this transaction can be found in the SEC Filing.
Array Technologies Inc (ARRY, Financial) is a company that specializes in solar tracking solutions and services. The company provides products that optimize solar energy output and efficiency, catering to a global market.
The insider transaction history for Array Technologies Inc indicates that there have been two insider buys and one insider sell over the past year. Over the same period, Neil Manning has purchased a total of 5,700 shares and has not sold any shares.
On the day of the recent purchase, shares of Array Technologies Inc were trading at $5.21 each, resulting in a market cap of $817.452 million. The stock's GF Value is estimated at $10.19, giving it a price-to-GF-Value ratio of 0.51. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
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.
