GuruFocus data shows that the CEO N/A purchased 3000 shares Ambac Financial Group Inc ( AMBC ) on 2022-05-13.
Insiders buying shares of stock in their companies can be a good sign. This could indicate that insiders have become optimistic about the company's future. It is worthwhile to pay attention to insider trades as they have a greater understanding of their company than most people. Let's now take a closer look at the insider purchase to determine if Ambac Financial Group Inc is worthy of investor attention.
Trades of Claude Leblanc
Claude Leblanc purchased 0 shares over the last year.
This indicates that Claude Leblanc is buying stock in their company over the long-term. This may be good news for stock future.
Trends from the inside
Investors may be unsure if the buys of one insider are really that significant. Is the stock being bought by other insiders or is it being sold?
Ambac Financial Group Inc's insider transactions history shows that there were 7 insider buys over the last year. In the meantime, there were 0 insider sales in that same period.
Insider purchases are more appealing than insider sales to us. This is a sign of a positive trend in the company's owners and top executives. Insiders buying more stock means that it's more likely the stock will be undervalued.
Valuation
Ambac Financial Group Inc shares traded at $8.78 per share on the date of Claude Leblanc’s recent purchase. The stock now has a market capitalization of $412.391 million.
Ambac Financial Group Inc's price is $8.78. It also has a GuruFocus value of $10.68. This gives it a price to-GF-Value ratio 0.82. The stock's GF Value is Modestly Below Value.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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