On November 4, 2024, Lawrence Lacerte, a Director at Universal Display Corp (OLED, Financial), purchased 742 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 122,372 shares of Universal Display Corp.
Universal Display Corp specializes in the development and commercialization of organic light emitting diode (OLED, Financial) technologies and materials for use in display and solid-state lighting applications.
Over the past year, Lawrence Lacerte has engaged in multiple transactions involving the company's stock, purchasing a total of 1,742 shares and selling 7,000 shares. The recent acquisition by the insider is part of a broader trend observed over the past year at Universal Display Corp, which includes 2 insider buys and 4 insider sells.
Shares of Universal Display Corp were priced at $180.89 on the day of the transaction. The company's market cap is approximately $8.821 billion. The price-earnings ratio stands at 37.32, which is above the industry median of 23.42.
The stock's valuation according to the GF Value is $166.95, indicating a price-to-GF-Value ratio of 1.08. This suggests that Universal Display Corp is modestly overvalued.
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 buying activity could be a signal to investors about the insider’s perspective on the stock's current 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.
