Insider Sale: EVP and CFO Marc Vandiepenbeeck Sells Shares of Johnson Controls International PLC (JCI)

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Nov 06, 2024
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Marc Vandiepenbeeck, Executive Vice President and Chief Financial Officer of Johnson Controls International PLC (JCI, Financial), sold 186 shares of the company on November 4, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 83,144.25 shares of Johnson Controls International PLC.

Johnson Controls International PLC is a global leader in building products and technology, integrated solutions, and energy storage. This company operates in various sectors including building management systems, HVAC equipment, and fire safety and security systems, providing innovative solutions that optimize energy efficiency and operational effectiveness in buildings.

Over the past year, Marc Vandiepenbeeck has sold a total of 3,909 shares and has not purchased any shares. The broader insider transaction trend at Johnson Controls International PLC shows a total of 32 insider sells and no insider buys over the same period.

On the day of the sale, shares of Johnson Controls International PLC were priced at $75.31, resulting in a market cap of approximately $50.01 billion. The company's price-earnings ratio stands at 31.32, which is significantly higher than the industry median of 15.69.

According to the GF Value, the intrinsic value of Johnson Controls International PLC is estimated at $66.22 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.14.

The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.

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This insider sale might draw the attention of investors tracking insider behaviors, especially considering the stock's current valuation levels and the ongoing trends in insider transactions.

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.

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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.