Insider Sale: CFO Mark Harris Sells 7,000 Shares of Heidrick & Struggles International Inc (HSII)

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On May 9, 2024, Mark Harris, Chief Financial Officer of Heidrick & Struggles International Inc (HSII, Financial), sold 7,000 shares of the company. The transaction was documented in a recent SEC Filing. This sale is part of a larger trend observed over the past year, where Mark Harris has sold a total of 13,000 shares.

Heidrick & Struggles International Inc, a global executive search and consulting firm, operates in the recruitment of senior-level executives and the provision of leadership advisory services. The company's shares were trading at $31.77 on the day of the sale, resulting in a market cap of approximately $672.651 million.

The price-earnings ratio of Heidrick & Struggles International Inc stands at 12.98, which is below both the industry median of 18.13 and the company's historical median. The stock's GF Value is estimated at $30.17, indicating a price-to-GF-Value ratio of 1.05, suggesting that the stock is Fairly Valued.

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.

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Reviewing the insider transaction history for Heidrick & Struggles International Inc reveals no insider purchases in the past year, with two insider sales recorded during the same period.

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This insider activity and valuation metrics provide shareholders and potential investors with critical data points for monitoring the stock's performance and insider sentiment.

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.