On November 13, 2024, Jeff Zhu, Executive Vice President of Cabot Corp (CBT, Financial), executed a sale of 14,566 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $113.25 per share. Post-transaction, the insider owns 69,449 shares of the company.
Cabot Corp (CBT, Financial) is a global specialty chemicals and performance materials company. The company's products include rubber and specialty carbons, activated carbon, inkjet colorants, cesium formate drilling fluids, and fumed silica. These products are essential in the automotive, construction, and environmental solutions industries, among others.
Over the past year, the insider has sold a total of 84,711 shares and has not made any purchases. This recent transaction is part of a broader trend observed within Cabot Corp, where there have been 16 insider sells and no insider buys over the past year.
The shares of Cabot Corp were trading at $113.25 on the day of the transaction, giving the company a market cap of approximately $5.93 billion. The price-earnings ratio of the company stands at 16.20, which is lower than the industry median of 24.71 and also below the company's historical median.
According to the GF Value, the intrinsic value estimate for Cabot Corp is $74.84 per share, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.51.
This valuation is based on historical trading multiples, a GuruFocus adjustment factor related to past returns and growth, and future business performance estimates from Morningstar analysts.
The recent insider selling activity could be a point of interest for current and potential investors, especially considering the company's valuation and 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.
