On November 15, 2024, Director Kathryn Sullivan sold 600 shares of International Paper Co (IP, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 37,745 shares of the company.
International Paper Co, a global leader in packaging and paper products, provides sustainable fiber-based packaging, pulp, and paper solutions. The company operates worldwide, serving various industries and markets with its products designed to meet environmental standards and customer needs.
Over the past year, Kathryn Sullivan has sold a total of 11,400 shares and has not purchased any shares. This recent transaction continues a trend observed over the past year at International Paper Co, where there have been 24 insider sells and no insider buys.
Shares of International Paper Co were trading at $56.19 on the day of the transaction. The company has a market cap of approximately $20.05 billion. The price-earnings ratio stands at 49.32, significantly above both the industry median of 17.085 and the company's historical median.
The stock's valuation, according to GF Value, is considered Significantly Overvalued with a price-to-GF-Value ratio of 1.56, based on a GF Value of $36.02. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sell event might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's current valuation metrics 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.
