Edward Spehar, the Executive Vice President and Chief Financial Officer of Brighthouse Financial Inc (BHF, Financial), sold 7,125 shares of the company on November 15, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 30,515 shares of the company.
Brighthouse Financial Inc specializes in providing life insurance and annuity products designed to help clients protect what they have earned and ensure it lasts. The company operates primarily in the United States.
Over the past year, Edward Spehar has sold a total of 28,500 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 18 insider sells and only 1 insider buy over the past year.
Shares of Brighthouse Financial Inc were trading at $50.98 on the day of the sale. The company has a market cap of approximately $3.03 billion.
According to the GF Value, the intrinsic value of the stock is estimated at $88.39, suggesting that the stock is significantly undervalued with a price-to-GF-Value ratio of 0.58.
The GF Value is calculated based on historical 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 Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the valuation metrics of Brighthouse Financial 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.
