Insider Sale: EVP, Chief Technology Officer Prakash Bedapudi Sells Shares of Lennox International Inc (LII)

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Nov 07, 2024
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On November 5, 2024, Prakash Bedapudi, Executive Vice President and Chief Technology Officer of Lennox International Inc (LII, Financial), sold 965 shares of the company. Following this transaction, the insider now owns 16,162 shares of Lennox International Inc. The sale was documented in a recent SEC Filing.

Lennox International Inc, a global leader in the heating, air conditioning, and refrigeration markets, is committed to providing sustainable solutions by leveraging innovative technologies and energy-efficient products.

Over the past year, Prakash Bedapudi has sold a total of 10,773 shares of Lennox International Inc and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 22 insider sells and no insider buys over the past year.

Shares of Lennox International Inc were trading at $618 on the day of the sale, giving the company a market cap of approximately $21.93 billion. The price-earnings ratio stands at 29.23, which is above both the industry median of 15.82 and the company's historical median.

According to the GF Value, the intrinsic value of Lennox International Inc is estimated at $370.10 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.67.

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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.

This insider sale might draw the attention of current and potential investors trying to understand the latest trends and valuations of Lennox International Inc.

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.