Insider Sale: EVP, CFO Alexander Bruni Sells 10,568 Shares of Owens & Minor Inc (OMI)

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Alexander Bruni, Executive Vice President and Chief Financial Officer of Owens & Minor Inc (OMI, Financial), executed a sale of 10,568 shares of the company on June 3, 2024. The transaction was detailed in a recent SEC Filing. Following this transaction, the insider now owns 49,950 shares of the company.

Owens & Minor Inc, a key player in the healthcare logistics sector, specializes in the distribution of medical and surgical supplies. The company also provides various healthcare-related services, enhancing the efficiency of the healthcare supply chain across different markets.

Over the past year, Alexander Bruni has sold a total of 23,236 shares of Owens & Minor Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 16 insider sales and no insider buys over the last year.

On the date of the sale, shares of Owens & Minor Inc were priced at $17.76. The company's market cap was approximately $1.32 billion, positioning it as a significant entity in its industry.

According to the GF Value, the intrinsic value of Owens & Minor Inc is estimated at $25.43 per share, suggesting that the stock is significantly undervalued with a price-to-GF-Value ratio of 0.7. The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for expected business performance.

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The insider transaction trends and valuation metrics provide a snapshot of the financial movements and potential investment considerations for Owens & Minor Inc. The data indicates a pattern of insider sales which could be of interest to current and potential investors.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.