Insider Sale: Senior Vice President Larry Larsen Sells 6,684 Shares of Williams Companies Inc (WMB)

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Nov 12, 2024
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On November 8, 2024, Larry Larsen, Senior Vice President of Williams Companies Inc (WMB, Financial), executed a sale of 6,684 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 74,393 shares of Williams Companies Inc.

Williams Companies Inc, a key player in the energy sector, primarily operates in the processing and transportation of natural gas. The company's extensive pipeline system ensures the delivery of natural gas across major demand centers in the United States.

Over the past year, the insider has sold a total of 11,684 shares and has not made any purchases. This recent transaction is part of a broader trend observed over the past year, where there have been seven insider sells and no insider buys at Williams Companies Inc.

Shares of Williams Companies Inc were priced at $56.48 on the day of the sale. The company currently holds a market cap of approximately $68.61 billion. The price-earnings ratio stands at 23.85, which is above both the industry median of 11.195 and the company's historical median.

According to the GF Value, the intrinsic value of the stock is estimated at $32.19, making the current price-to-GF-Value ratio 1.75. This suggests that the stock is significantly overvalued in the market.

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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.

This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at Williams Companies 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.

Disclosures

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.