As reported in a recent SEC filing, on February 15, 2024, Director Matthew Levatich sold 1,933 shares of Emerson Electric Company (NYSE:EMR). The trades were performed at an average price of $105.58 per share, for a total value of $204,090.14.
Emerson Electric Co is a diversified global manufacturing company that provides solutions to customers through various business segments, including automation solutions and commercial and residential solutions. The company's products and services are widely used in industrial, commercial and consumer markets.
Over the past year, insiders have sold a total of 1,933 shares of Emerson Electric Co. stock, but bought no shares. The company's insider trading history shows the balance of insider buying and selling over the past year, recording 5 insider purchases and his 5 insider sales.
As of the latest insider trading day, shares of Emerson Electric Co. were trading at $105.58, giving the company a market cap of $60.69 billion. The company's price-to-earnings ratio of 5.52 is lower than both the industry median of 20.82 and the company's historical median price-to-earnings ratio.
The Price to GF Value ratio is 1.01, indicating that Emerson Electric Company is fairly valued according to GF Value estimates. GF Value is GuruFocus' proprietary estimate of intrinsic value and is calculated based on historical trading multiples, GuruFocus' adjustment factors, and Morningstar analyst estimates of future performance.
While recent insider selling by director Matthew Levatich may give investors insight into an insider's perspective on stock valuations, consider the overall background of insider trading and a company's current valuation metrics when making investment decisions. It is important to consider.
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.
