Director David Mott Acquires 199,000 Shares of Ardelyx Inc (ARDX)

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Jan 23, 2025
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On January 21, 2025, David Mott, a Director at Ardelyx Inc, purchased 199,000 shares of the company, as reported in the SEC Filing. Following this transaction, the insider now holds a total of 1,937,765 shares in Ardelyx Inc. Ardelyx Inc (ARDX, Financial) is a biopharmaceutical company focused on developing innovative therapies for unmet medical needs. The company's primary focus is on gastrointestinal and cardiorenal diseases. The insider's recent purchase is part of a broader trend, as over the past year, David Mott has acquired a total of 628,168 shares and has not sold any shares. In contrast, the overall insider transaction history for Ardelyx Inc shows 3 insider buys and 63 insider sells over the same period.

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On the day of the purchase, Ardelyx Inc's shares were trading at $4.99, giving the company a market cap of $1,196.113 million. The stock's GF Value is estimated at $15.54, resulting in a price-to-GF-Value ratio of 0.32. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.

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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, along with 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.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.