Alpha Pro Tech Ltd (APT), a company specializing in products designed to protect people, products and the environment, such as disposable protective clothing and construction products, has committed insider sales, according to recent SEC filings. I reported it. The company's Chief Financial Officer, Colleen McDonald, sold 20,000 shares of the company's stock on March 21, 2024. The transaction was disclosed in an SEC filing dated March 25, 2024.
This insider has sold a total of 20,000 shares in the past year, but hasn't bought any company stock. The recent insider selling is not isolated, as Alpha Pro Tech Ltd's trading history shows a pattern of insider selling activity. While there were no insider buys recorded in the past year, there were a total of 4 insider sells in the same period.
On the day of the most recent insider sale, Alpha Pro Tech Ltd's stock was trading at $6.16, giving the company a market cap of $70,952,000. The company's price-to-earnings ratio is 17.19x, which is higher than both the industry median of 15.28x and the company's historical median price-to-earnings ratio.
GuruFocus Value has a stock price of $6.16 and a GF value of $4.44, giving Alpha Pro Tech Ltd. a price to GF value ratio of 1.39, indicating that the stock is significantly overvalued. GF Value is GuruFocus' proprietary estimate of intrinsic value, which includes historical trading multiples, GuruFocus' adjustment factors based on past earnings and growth, and Morningstar analyst estimates of future performance. is taken into consideration.
The insider trends image above reflects recent selling activity by Alpha Pro Tech Ltd insiders. This may be of interest to investors who monitor insider behavior as an indicator of a company's performance and valuation.
The GF Value image provides a visual representation of a stock's current valuation in relation to its intrinsic value, as estimated by GuruFocus.
Investors and analysts often pay close attention to insider transactions because they can see an insider's perspective on the value of a company's shares. The recent sale by Alpha Pro Tech's Chief Financial Officer Colleen MacDonald is something market participants may consider when evaluating the company's stock and overall financial health. It's a data point.
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.
