Sterling Check Corporation Insider Sells 983 Shares of Stock

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Sterling Check Intrinsic Value – The Sterling Check ($NASDAQ:STER) Corporation insider sold 983 shares of stock. The company is a provider of check processing and related services. The company operates in two segments: Check Processing and Related Services, and Check Printing.

The Check Processing and Related Services segment provides check processing, electronic check presentment, remote deposit capture, and electronic funds transfer services. The Check Printing segment provides check printing and related products and services.

Price History

The news of the insider sale comes as Sterling Check’s stock has been mostly positive in recent news coverage. On Monday, the stock opened at $18.9 and closed at $18.2, down 4.4% from its previous closing price of $19.0. Despite the insider sale, analysts remain bullish on Sterling Check’s stock. They believe that the company’s strong financials and positive outlook warrant a higher stock price.

VI Analysis – Sterling Check Intrinsic Value Calculator

Sterling Check’s fundamentals reflect its long term potential. The company’s intrinsic value is around $22.6 per share, which is 20% below the current market price of $18.2. The company’s financials are strong, with a solid balance sheet and consistent profitability. In addition, Sterling Check has a strong competitive position in the check processing industry. Sterling Check’s share price may be undervalued due to recent concerns about the U.S. economy.

However, the company’s fundamentals suggest that it is a good long-term investment.

Summary

Investing in Sterling Check Corporation may not be the best decision right now as an insider of the company has recently sold 983 shares of stock. This news coverage has been mostly positive, however, the stock price has moved down the same day.