Vice President Michael Colwell sold 497 shares of Kadant Inc (KAI, Financial) on November 12, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 2,148 shares of the company.
Kadant Inc is a global supplier of critical components and engineered systems used in process industries worldwide. The company's products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries.
Over the past year, Michael Colwell has engaged in the sale of 497 shares and has not purchased any shares of Kadant Inc. The insider transaction history for Kadant Inc shows a total of 13 insider sells and no insider buys over the past year.
On the date of the latest transaction, shares of Kadant Inc were priced at $396.56, resulting in a market cap of approximately $4.61 billion. The price-earnings ratio of the company stands at 40.21, which is above both the industry median of 25.145 and the historical median for the company.
The stock's GF Value is calculated at $251.84, indicating that with a current price of $396.56, Kadant Inc is significantly overvalued with a price-to-GF-Value ratio of 1.57.
The GF Value is derived from historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and supplemented by future business performance estimates from Morningstar analysts.
This insider sale could be of interest to investors tracking insider behaviors and evaluating the valuation metrics of Kadant Inc in relation to its current market 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.
