Insider Sale: President and CEO Christopher Caldwell Sells Shares of Concentrix Corp (CNXC)

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4 days ago
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On October 4, 2024, Christopher Caldwell, President and Chief Executive Officer of Concentrix Corp (CNXC, Financial), sold 9,823 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 241,841 shares of Concentrix Corp.

Concentrix Corp, a global provider of customer experience solutions and technology, has seen a mix of insider buying and selling activities over the past year. There have been 6 insider buys and 7 insider sells during this period.

Shares of Concentrix Corp were priced at $52.7 on the day of the sale. The company currently holds a market cap of approximately $3.39 billion. The price-earnings ratio stands at 17.07, which is below the industry median of 26.66.

The GF Value of the stock is $149.57, indicating a price-to-GF-Value ratio of 0.35. This suggests that the stock might be a Possible Value Trap, Think Twice before investing, according to GuruFocus valuation methods.

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For more detailed information on the insider's historical trading activities, please refer to the comprehensive data provided by GuruFocus on Christopher Caldwell’s insider profile.

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.