Assetmark Financial Stock Intrinsic Value – Insider Sells Shares in AssetMark Financial Holdings
December 14, 2023
☀️Trending News
ASSETMARK ($NYSE:AMK): News of an insider selling shares in AssetMark Financial Holdings has recently come to light. AssetMark Financial Holdings, Inc. is a publicly traded investment management firm that provides independent financial advisors with innovative and personalized investment solutions, practice management support, and technology. The insider who sold the shares is reported to be David K. Barlow.
It could be an effort to diversify his portfolio or to raise funds for other investments and opportunities. In any case, it is important to keep an eye on AssetMark Financial Holdings as this may signal a shift in the company’s future plans and performance.
Share Price
On Monday, AssetMark Financial Holdings saw a drop of 0.9% in its stock price, with shares opening at $26.7 and closing at $26.6. This is down from last closing price of $26.8. This drop in stock price could be attributed to news that an insider of the company has recently sold shares in the firm. This could indicate that the insider believes the current market price is a good point to sell, or that they believe the stock could potentially decrease in value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Assetmark Financial. More…
| Total Revenues | Net Income | Net Margin |
| 714.45 | 114.08 | 16.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Assetmark Financial. More…
| Operations | Investing | Financing |
| 204.13 | -99.02 | -26.56 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Assetmark Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.61k | 378.21 | 16.52 |
Key Ratios Snapshot
Some of the financial key ratios for Assetmark Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.2% | 203.8% | 23.4% |
| FCF Margin | ROE | ROA |
| 22.3% | 8.7% | 6.5% |
Analysis – Assetmark Financial Stock Intrinsic Value
At GoodWhale, we analyze financials for companies like ASSETMARK FINANCIAL. After analyzing their financials, we found that the fair value of ASSETMARK FINANCIAL share is around $30.4. This price was calculated by our proprietary Valuation Line which helps us to uncover the fair price of a company. More…
Peers
The company offers a wide range of services including investment management, financial planning, and retirement planning. AssetMark Financial Holdings Inc. has a strong focus on providing a high level of customer service and has a team of experienced professionals that are dedicated to helping clients reach their financial goals. The company is headquartered in the United States and has offices in Canada, Europe, and Asia.
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– Huntwicke Capital Group Inc ($OTCPK:HCGI)
With a market cap of 23.16M as of 2022, a Return on Equity of -4.1%, and a focus on providing private equity and venture capital investments, Huntwicke Capital Group Inc is a company to watch.
Summary
Investing in AssetMark Financial Holdings can be a lucrative opportunity for investors, as proven by the recent sale of shares by an insider. AssetMark provides financial advice and asset management services to independent advisors, institutions, and financial institutions. Its products and services include portfolio management, asset allocation, retirement planning, trust services, and other financial advisory services. The company is well-positioned to benefit from the ongoing shifts in the industry, with its focus on helping financial advisors serve their clients through a comprehensive set of technology-enabled solutions.
AssetMark’s financial performance has been strong, with consistent revenue growth and solid margins. Its share price has grown steadily over the years and it currently trades at a slightly below-market valuation. The company’s long-term prospects remain bright and investors should consider AssetMark an attractive investment opportunity.
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