On November 6, 2024, Director Stevens Charles K. III sold 3,150 shares of Masco Corp (MAS, Financial) at a price of $80.87 per share, as reported in the SEC Filing. Following this transaction, the insider now owns 12,540 shares of the company.
Masco Corp, headquartered in Livonia, Michigan, is a global leader in the design, manufacture, and distribution of branded home improvement and building products. The company's portfolio includes well-known brands such as Behr paint, Delta faucets, and Kichler lighting, among others.
Over the past year, the insider has sold a total of 3,150 shares and has not made any purchases. This recent sale is part of a broader trend within Masco Corp, where there have been 9 insider sells and no insider buys over the last year.
Shares of Masco Corp were trading at $80.87 on the day of the sale, giving the company a market cap of approximately $17.31 billion. The price-earnings ratio of the stock is 21.34, which is above both the industry median of 15.82 and the company's historical median.
The stock's GF Value is estimated at $57.41, indicating that at the current price of $80.87, Masco Corp is significantly overvalued with a price-to-GF-Value ratio of 1.41.
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 results.
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.
