Insider Buying at Vail Resorts Inc (MTN): EVP & CFO Angela Korch Acquires Shares

Author's Avatar
Oct 05, 2024
Article's Main Image

On October 3, 2024, Angela Korch, Executive Vice President & Chief Financial Officer of Vail Resorts Inc (MTN, Financial), purchased 165 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 2,187 shares of Vail Resorts Inc.

Vail Resorts Inc operates in the leisure industry, focusing on the operation of mountain resorts and urban ski areas in the United States. The company is known for its premium lodging, dining, and retail/rental operations across various locations.

Over the past year, Angela Korch has increased her holdings by 740 shares, with no recorded sales of the company's stock. This recent acquisition is part of a broader trend within the company, where there have been 2 insider buys and 5 insider sells over the past year.

On the date of the insider's latest purchase, shares of Vail Resorts Inc were priced at $173.1. The company's market cap stood at approximately $6.493 billion. The price-earnings ratio was recorded at 28.73, above the industry median of 19.2 but below the company's historical median.

According to the GF Value, the intrinsic value of Vail Resorts Inc is estimated at $264.94 per share, suggesting that the stock might be undervalued with a price-to-GF-Value ratio of 0.65, indicating a possible value trap scenario.

1842414594056941568.png

1842414608950915072.png

The insider's buying activity could be a signal to investors, especially considering the stock's current valuation metrics and the GF Value assessment. Investors might want to keep an eye on further insider transactions at Vail Resorts Inc as they evaluate their positions in the stock.

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.