On September 27, 2024, De Nigris Felan Jose, Director at FreightCar America Inc (RAIL, Financial), purchased 4,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 73,147 shares of FreightCar America Inc.
FreightCar America Inc specializes in the manufacture of railroad freight cars, with additional offerings in the overhaul and refurbishment of railcars.
The transaction occurred with shares priced at $10.19, valuing the purchase at approximately $40,760. This acquisition has contributed to a total of 2 insider buys over the past year, compared to 3 insider sells in the same period.
Currently, FreightCar America Inc holds a market cap of $184.018 million. The stock's valuation metrics show a GF Value of $4.74, indicating a price-to-GF-Value ratio of 2.15, which suggests that the stock is Significantly Overvalued.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider buying activity may be of interest to investors looking for signals from company directors regarding their confidence in the firm's current valuation and future prospects.
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.
