On November 11, 2024, Albert Neupaver, a Director at Westinghouse Air Brake Technologies Corp (WAB, Financial), executed a sale of 10,000 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 604,447 shares of the company.
Westinghouse Air Brake Technologies Corp, known for its technology-based equipment, systems, and services for the global transit and freight rail industries, has seen a notable amount of insider selling over the past year, with 26 insider sales and no insider buys.
Shares of Westinghouse Air Brake Technologies Corp were priced at $202 on the day of the sale, positioning the company with a market cap of approximately $34.25 billion. The price-earnings ratio of the company stands at 33.21, significantly above both the industry median and the company's historical median.
The stock is currently considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.5. The GF Value of $134.38 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.
Over the past year, Albert Neupaver has sold a total of 74,822 shares of Westinghouse Air Brake Technologies Corp, without any recorded purchases. This trend of sales by the insider may be of interest to current and potential investors, especially considering the company's valuation metrics and market performance.
For more detailed information on insider transactions and stock performance, investors and analysts are encouraged to view the full history of insider transactions and financial data available on the company's profile on GuruFocus.
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.
