On October 30, 2024, Steven Heiskell, Senior Vice President & President, Recycling Products & Services at Radius Recycling Inc (RDUS, Financial), sold 17,675 shares of the company. The transaction was executed at a stock price of $17.08, as detailed in the SEC Filing. Following this transaction, the insider now owns 133,780 shares of Radius Recycling Inc.
Radius Recycling Inc specializes in the recycling and management of waste materials, focusing on innovative and sustainable disposal solutions. The company plays a crucial role in promoting environmental sustainability by converting waste into usable products.
Over the past year, Steven Heiskell has engaged in multiple transactions involving the company's stock. He has sold a total of 25,675 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been six insider sells and no insider buys over the past year.
The stock of Radius Recycling Inc was trading at $17.08 on the day of the sale, giving the company a market cap of approximately $453.96 million. According to the GF Value, the intrinsic value of the stock is estimated at $26.16, indicating a price-to-GF-Value ratio of 0.65. This suggests that the stock might be undervalued, classified as a "Possible Value Trap, Think Twice" scenario based on its GF Value.
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. It also includes a GuruFocus adjustment factor based on past returns and growth, along with future business performance estimates from Morningstar analysts.
This insider sale might provide investors with insights into the current valuation and future expectations of Radius Recycling Inc, as reflected by the actions of its senior executives.
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.
