Everest Group Ltd (EG, Financial), a prominent player in its industry, reported an insider transaction on November 14, 2024. James Williamson, the Executive Vice President and Chief Operating Officer, sold 200 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 15,009 shares of Everest Group Ltd.
Over the past year, the insider has engaged in multiple transactions, selling a total of 200 shares and purchasing 700 shares. This latest sale contributes to a broader pattern observed within the company, where there have been 7 insider buys and 3 insider sells over the past year.
On the day of the transaction, shares of Everest Group Ltd were priced at $370, valuing the company with a market cap of approximately $16.05 billion. The price-earnings ratio stands at 5.84, notably lower than the industry median of 11.43, suggesting a potentially undervalued stock relative to its peers.
The stock's valuation can also be assessed through the GF Value, which is set at $403.60, indicating that Everest Group Ltd is Fairly Valued with a price-to-GF-Value ratio of 0.92. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past performance, and future business performance estimates.
This insider sale might draw attention from investors monitoring insider behaviors as an indicator of the company's future performance and valuation prospects. Everest Group Ltd continues to be a significant entity in its sector, with its stock performance and insider transactions being key factors of interest.
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.
