On November 4, 2024, Director GALTNEY WILLIAM F JR purchased 2,870 shares of Everest Group Ltd (EG, Financial), as reported in the SEC Filing. Following this transaction, the insider now owns a total of 32,822 shares of the company.
Everest Group Ltd operates in the financial sector, providing a range of insurance and reinsurance solutions. The company's shares were priced at $348.64 on the day of the transaction, bringing its market cap to approximately $15.76 billion.
The price-earnings ratio of Everest Group Ltd stands at 5.74, which is below both the industry median of 11.38 and the company's historical median. This valuation metric suggests a potentially undervalued scenario relative to its peers.
According to the GF Value, the intrinsic value of Everest Group Ltd is estimated at $401.51 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 0.87.
Over the past year, there have been 7 insider buys and 2 insider sells at Everest Group Ltd. The insider transaction trend suggests a positive sentiment among the company's directors and executives.
This recent purchase by Director GALTNEY WILLIAM F JR aligns with the overall buying trend observed within the company's insiders, potentially indicating their confidence in the firm's future performance.
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.
