Insider Buying: David Smith Acquires Additional Shares of Sinclair Inc (SBGI)

Author's Avatar
Mar 21, 2025
Article's Main Image

On March 19, 2025, David Smith, Executive Chairman and 10% Owner of Sinclair Inc (SBGI, Financial), purchased 66,229 shares of the company. Following this transaction, the insider now holds a total of 967,589 shares. The purchase was documented in an SEC Filing. Sinclair Inc is a diversified media company that operates in the broadcast television industry. The company owns and operates television stations and provides content on various platforms. The insider's recent acquisition is part of a broader trend, as over the past year, David Smith has purchased a total of 360,435 shares and has not sold any shares. The insider transaction history for Sinclair Inc indicates a total of six insider buys and zero insider sells over the past year. On the day of the recent purchase, shares of Sinclair Inc were trading at $15.80, resulting in a market cap of $1.127 billion. The company's price-earnings ratio stands at 3.64, which is lower than the industry median of 17.055 and below the company's historical median price-earnings ratio. With a trading price of $15.80 and a GuruFocus Value of $14.92, Sinclair Inc has a price-to-GF-Value ratio of 1.06, indicating that the stock is modestly overvalued based on its GF Value. 1903199149122285568.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes 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.

Disclosures

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.