On November 6, 2024, James Todd, Vice President and Chief Financial Officer of Landstar System Inc (LSTR, Financial), sold 1,000 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 14,083 shares of Landstar System Inc.
Landstar System Inc operates as a transportation services company providing integrated transportation management solutions. The company is primarily engaged in third-party logistics and provides services to shippers and carriers across multiple transportation modes.
Over the past year, James Todd has engaged in a total of 1,000 shares sold and has not purchased any shares. This recent sale continues a trend observed over the past year at Landstar System Inc, where there have been no insider buys but four insider sells.
On the date of the sale, shares of Landstar System Inc were priced at $184.32. This pricing places the company's market cap at approximately $6.75 billion. The price-earnings ratio of the company stands at 32.79, significantly above both the industry median of 14.33 and the company's historical median.
According to the GF Value, an intrinsic value estimate used by GuruFocus, Landstar System Inc is currently significantly overvalued. The GF Value of $136.83 compared to the current price results in a price-to-GF-Value ratio of 1.35.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors, especially in the context of the company's valuation metrics and stock 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.
