On November 6, 2024, Beatriz Castellvi, EVP & Chief Security Officer of Popular Inc (BPOP, Financial), executed a sale of 3,500 shares of the company at a price of $99.16 per share. This transaction was documented in an SEC Filing. Following this sale, the insider now owns 25,114.954 shares of Popular Inc.
Popular Inc operates as a financial services conglomerate offering a range of banking, insurance, and financial products and services. The company is headquartered in Puerto Rico and serves markets in the United States, Puerto Rico, and the Caribbean.
Over the past year, the insider transaction history at Popular Inc shows a total of 12 insider sells and no insider buys. Specifically, Beatriz Castellvi has sold a total of 3,500 shares and has not purchased any shares in the same timeframe.
Shares of Popular Inc were trading at $99.16 on the day of the transaction, giving the company a market cap of approximately $6.81 billion. The price-earnings ratio of the stock stands at 12.88, which is above the industry median of 10.69.
The stock's valuation according to the GF Value is $77.38, indicating a price-to-GF-Value ratio of 1.28. This suggests that Popular Inc is modestly overvalued at its current price.
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 sale could be of interest to investors tracking insider behaviors and evaluating the stock's current valuation metrics.
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.
