Francis Poli, Secretary and Executive Vice President of Cohen & Steers Inc (CNS, Financial), sold 15,000 shares of the company on September 16, 2024. The transaction was disclosed in a recent SEC filing. Following this sale, the insider now owns 64,866 shares of Cohen & Steers Inc.
Cohen & Steers Inc specializes in liquid real assets, including real estate securities, listed infrastructure, and natural resource equities, as well as preferred securities and other income solutions. The company is known for its global investment strategies.
Over the past year, Francis Poli has sold a total of 15,000 shares and has not purchased any shares. The insider transaction history for Cohen & Steers Inc shows no insider buys in the past year, with a total of 10 insider sells during the same period.
On the day of the sale, shares of Cohen & Steers Inc were trading at $94.08, giving the company a market cap of approximately $4.87 billion. The price-earnings ratio of the stock stands at 37.61, significantly higher than the industry median of 12.1 and above the company's historical median.
According to GF Value, the intrinsic value of Cohen & Steers Inc is estimated at $62.07 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.52. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This recent insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics.
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.
