Richard Matricaria, the Executive Vice President and Chief Operating Officer - Western Division of Marcus & Millichap Inc (NYSE:MMI), sold 9,500 shares of the company on March 12, 2024, according to a recent SEC filing.
Marcus & Millichap Inc is a leading firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company has a broad national footprint and provides a full range of services to a diverse client base which includes private investors, developers, and institutions.
The insider's transaction history indicates that over the past year, Richard Matricaria has sold a total of 17,945 shares and has not made any purchases of the company's stock.
The insider transaction history for Marcus & Millichap Inc shows a pattern of insider sales, with 0 insider buys and 5 insider sells over the past year.
On the day of the insider's recent sale, shares of Marcus & Millichap Inc were trading at $33.32, giving the company a market capitalization of $1.285 billion.
The stock's price-to-GF-Value ratio stands at 1.42, with a GuruFocus Value of $23.44, indicating that Marcus & Millichap Inc is significantly overvalued based on its GF Value.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated using historical trading multiples, a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent selling activity within the company.
The GF Value image above provides a visual representation of the stock's valuation in relation to its intrinsic value estimate.
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.
