On November 6, 2024, Qiang Gao, Senior Vice President of Matson Inc (MATX, Financial), sold 4,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 9,199 shares of Matson Inc.
Matson Inc, a key player in the transportation and logistics industry, provides shipping services to domestic economies, including Hawaii, Alaska, and Guam, and international markets around the Pacific. The company also offers a comprehensive suite of logistics services, helping to streamline supply chain operations for various businesses.
Over the past year, the insider has sold a total of 4,000 shares and has not purchased any shares. This recent transaction is part of a broader trend within Matson Inc, where there have been 39 insider sells and no insider buys over the last year.
Shares of Matson Inc were trading at $162.19 on the day of the sale. The company's market cap is approximately $5.36 billion. Matson Inc's price-earnings ratio stands at 13.43, which is below both the industry median of 14.36 and the company’s historical median.
According to the GF Value, the intrinsic value estimate for Matson Inc is $94.93 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.71.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and estimated future business outcomes provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance and valuation alignment.
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.
