Pixelworks Inc President and CEO Todd Debonis Sells 56,412 Shares
President and CEO Todd Debonis of Pixelworks Inc (NASDAQ:PXLW) executed a sale of 56,412 shares of company stock on February 15, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $2.56 per share, resulting in a total value of $144,422.72.
Pixelworks Inc, which operates within the semiconductor industry, specializes in the development and marketing of advanced visual processing solutions. The company's products are utilized in a variety of devices such as projectors, tablets, smartphones, and digital signage, aiming to deliver superior image quality and video playback performance.
Over the past year, the insider has sold a total of 88,112 shares and has not made any purchases of Pixelworks Inc stock. The recent sale by the insider is part of a series of transactions that have taken place over the last twelve months.
The insider transaction history for Pixelworks Inc shows a pattern of insider activity. In the past year, there has been only 1 insider buy, contrasted with 8 insider sells, indicating a trend towards insider selling.
On the valuation front, Pixelworks Inc's shares were trading at $2.56 on the day of the insider's sale, giving the company a market capitalization of $154.786 million. The stock's price-to-GF-Value ratio stands at 1.13, with the GF Value being $2.26. This suggests that Pixelworks Inc is currently modestly overvalued according to GuruFocus's proprietary valuation model.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth. Additionally, future business performance estimates provided by Morningstar analysts are factored into the calculation.
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.
This article first appeared on GuruFocus.
