On November 15, 2024, Jillian Evanko, President and Chief Executive Officer of Chart Industries Inc (GTLS, Financial), purchased 303 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 125,751 shares of Chart Industries Inc.
Chart Industries Inc, a leading manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets, has seen a pattern of insider purchases over the past year, with 11 insider buys and no insider sales. This trend suggests a positive outlook from the insiders towards the company's stock.
Shares of Chart Industries Inc were priced at $164.35 on the day of the transaction. The company's market cap is approximately $7.09 billion. The price-earnings ratio stands at 48.01, which is above both the industry median of 24.87 and the company's historical median.
According to the GF Value, the intrinsic value of Chart Industries Inc is estimated at $284.84 per share, making the current price-to-GF-Value ratio 0.58. This valuation suggests that the stock might be a possible value trap, and potential investors should think twice.
Over the past year, Jillian Evanko has increased her holdings by 1,233 shares, indicating a strong confidence in the future of Chart Industries Inc. This insider buying activity could be a signal to investors about the perceived value of the stock at current levels.
For more detailed information on insider transactions and stock performance, investors and stakeholders are encouraged to review the filings and market data related to Chart Industries Inc (GTLS, Financial).
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.
