Insider Sale: EVP, Chief Legal Officer & Secretary John Torres Sells Shares of Lennox International Inc (LII)

Author's Avatar
Oct 28, 2024
Article's Main Image

On October 25, 2024, John Torres, Executive Vice President, Chief Legal Officer & Secretary of Lennox International Inc (LII, Financial), sold 581 shares of the company. The transaction was executed at a price of $620.98 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 4,668 shares of Lennox International Inc.

Lennox International Inc is a global provider of climate control solutions for heating, air conditioning, and refrigeration markets. The company designs, manufactures, and markets a broad range of products for both residential and commercial use.

Over the past year, John Torres has sold a total of 10,048 shares of Lennox International Inc and has not purchased any shares. This recent transaction continues a trend seen across the company, where there have been 24 insider sells and no insider buys over the past year.

The shares of Lennox International Inc were trading at $620.98 on the day of the sale, giving the company a market cap of approximately $21.81 billion. The price-earnings ratio of the company stands at 29.08, which is above both the industry median of 15.46 and the company's historical median.

According to the GF Value, the intrinsic value of Lennox International Inc is estimated at $369.12 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.68.

1850960886106320896.png

1850960928900804608.png

This valuation assessment suggests that the stock's current price is considerably higher than its estimated fair value, reflecting a premium compared to its historical trading multiples and adjusted factors based on the company's past performance and future business expectations.

The insider's recent sale could be of interest to current and potential investors, as it provides insights into the insider's perspective on the stock's 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.

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.