On November 13, 2024, Peter Farrell, Director at W.P. Carey Inc (WPC, Financial), purchased 1,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 22,289 shares of W.P. Carey Inc.
W.P. Carey Inc operates as a real estate investment trust (REIT) that primarily engages in the acquisition and management of commercial properties leased to companies on a long-term basis.
The shares were acquired at a price of $55.56 each, valuing the transaction at $55,560. This acquisition comes at a time when the stock is considered Modestly Undervalued according to the GF Value, with a price-to-GF-Value ratio of 0.85. The GF Value of $65.17 suggests a potential undervaluation of the stock.
W.P. Carey Inc has a market cap of $12.21 billion and a price-earnings ratio of 21.96, which is above the industry median of 15.18. This indicates a higher valuation compared to its peers but still below the company's historical median.
Over the past year, there have been six insider transactions at W.P. Carey Inc, with four being buys and two sells. The insider buying trend, including this recent purchase by Peter Farrell, suggests a positive outlook by the insiders on the stock's future performance.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This insider activity could be a significant indicator for investors, especially considering the stock's current valuation metrics and the overall insider buying trend at W.P. Carey 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.
