Director Nancy Cooper Sells Shares of Brunswick Corp (BC)

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Nov 02, 2024
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On November 1, 2024, Nancy Cooper, a Director at Brunswick Corp (BC, Financial), sold 366 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 24,557 shares of Brunswick Corp.

Brunswick Corporation, headquartered in Mettawa, Illinois, is a global leader in the design, manufacture, and marketing of recreational marine products. The company operates through various segments, including marine engines, boat manufacturing, and marine parts and accessories.

Over the past year, Nancy Cooper has sold a total of 1,081 shares and has not purchased any shares. This recent transaction continues a trend seen across Brunswick Corp, where there have been no insider buys but nine insider sells over the same period.

Shares of Brunswick Corp were trading at $80.19 on the day of the sale. The company has a market cap of approximately $5.34 billion. The price-earnings ratio stands at 20.12, which is above both the industry median of 16.53 and the company's historical median.

The stock's GF Value is estimated at $72.90, indicating that at a price of $80.19, Brunswick Corp is modestly overvalued with a price-to-GF-Value ratio of 1.1.

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The GF Value is calculated considering 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 sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at Brunswick Corp.

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.