On March 3, 2025, Hubert Marleau, a Director at Riot Platforms Inc (RIOT, Financial), sold 61,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 5,000 shares of the company. Riot Platforms Inc (RIOT) is a company that focuses on cryptocurrency mining operations. The company is involved in the development and operation of blockchain technologies, with a primary focus on Bitcoin mining. Riot Platforms Inc aims to be one of the largest and lowest-cost producers of Bitcoin in North America. The insider's recent transaction is part of a broader trend observed over the past year, where Hubert Marleau has sold a total of 78,861 shares and purchased no shares. The insider transaction history for Riot Platforms Inc indicates that there have been no insider buys in total over the past year, while there have been seven insider sells during the same period. On the day of the insider's recent sale, shares of Riot Platforms Inc were trading at $9.58 each, giving the stock a market cap of $3.109 billion. The company's price-earnings ratio stands at 25.66, which is higher than the industry median of 16.58 but lower than the company's historical median price-earnings ratio. With a trading price of $9.58 and a GF Value of $8.18, Riot Platforms Inc has a price-to-GF-Value ratio of 1.17, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.
