Everest Group Ltd (EG, Financial), a global provider of reinsurance and insurance, saw a recent transaction by Mike Karmilowicz, the Executive Vice President and Chairman of Insurance. On November 4, 2024, the insider sold 269 shares of the company at a price of $348.48 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 12,726 shares of Everest Group Ltd.
Over the past year, the insider has been active in the market, with a total of 269 shares sold and 285 shares purchased. This recent sale represents a continuation of the insider's trading activities within the company.
The transaction history for Everest Group Ltd shows a pattern of insider activity, with 6 insider buys and 2 insider sells over the past year. This activity provides insights into the insider's perspective on the stock's valuation and future prospects.
Everest Group Ltd, with a market cap of $15.25 billion, is trading at a price-earnings ratio of 5.55. This ratio is significantly lower than both the industry median of 11.25 and the company's historical median, indicating a potentially undervalued stock in comparison to its earnings.
The stock's current price of $348.48 aligns with a GF Value of $401.68, suggesting that Everest Group Ltd is modestly undervalued with a price-to-GF-Value ratio of 0.87. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider sale might draw the attention of investors looking for signals from company executives, especially in a context where the stock appears to be undervalued according to several financial metrics.
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.
