Joseph Mcfarland, Executive Vice President of Stores at Lowe's Companies Inc (LOW, Financial), sold 4,000 shares of the company on October 3, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 54,099 shares of Lowe's Companies Inc.
Lowe's Companies Inc operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber, appliances, and paint, as well as professional installation services.
Over the past year, Joseph Mcfarland has engaged in the sale of 4,000 shares and has not purchased any shares. This recent transaction reflects the only shares sold by the insider during this period.
The broader insider transaction trend at Lowe's Companies Inc shows a total of six insider sales and no insider buys over the past year.
On the date of the sale, shares of Lowe's Companies Inc were priced at $270.74, resulting in a market cap of approximately $151.90 billion. The price-earnings ratio of the company stands at 22.20, which is above both the industry median of 18.62 and the historical median for the company.
According to the GF Value, the intrinsic value of Lowe's Companies Inc is estimated at $212.49 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.27.
The GF Value is calculated based on historical trading multiples such as the 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 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.
