Aldo Pagliari, Senior Vice President, Treasurer and CFO of Snap-on, Inc. (NYSE:SNA) sold 3,231 shares of the company's stock on February 23, 2024, according to a recent SEC filing. This transaction was executed at an average price of $270.58 per share, giving him a total sale price of $874,133.98.
Snap-on Inc is one of the world's leading innovators, manufacturers and distributors of tools, equipment, diagnostics, repair information and system solutions for professional users. The company's products and services are important to a wide range of industries, including the automotive, aviation, marine and industrial sectors.
Over the past year, insiders have sold a total of 18,950 shares of Snap-on Inc. stock, but bought no shares. The company's insider trading history shows a pattern of 22 insider selling and zero insider buying over the same period.
On the day of the most recent insider sale, Snap-on Inc. stock was trading at $270.58, giving the company a market cap of $14.282 billion. The company's price-to-earnings ratio is 14.45x, which is lower than both the industry median of 21.72x and the company's historical median price-to-earnings ratio.
The price to GF value ratio is 1.04 and the GF value is $259.48, indicating that Snap-on Inc. is considered to have fair value based on the GF value. GF Value is a proprietary intrinsic value estimate by GuruFocus that takes into account historical trading multiples, GuruFocus adjustment factors based on past earnings and growth, and Morningstar analyst estimates of future performance.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
