On November 18, 2024, Donald Newman, a Director at AdvanSix Inc, purchased 5,030 shares of AdvanSix Inc (ASIX, Financial). This transaction was documented in a SEC Filing. Following this acquisition, the insider now owns a total of 5,030 shares in the company.
AdvanSix Inc is a manufacturer of nylon 6 resin, chemical intermediates, and ammonium sulfate fertilizer. The company operates in the materials sector and serves a variety of industries, including agriculture, automotive, and construction.
The insider's recent purchase marks the only insider buy at AdvanSix Inc over the past year, contrasting with 23 insider sales during the same period.
On the day of the purchase, AdvanSix Inc's shares were trading at $29.64, giving the company a market cap of $777.607 million. The company's price-earnings ratio stands at 21.07, which is lower than the industry median of 24.625 but higher than the company's historical median price-earnings ratio.
The stock's GF Value is estimated at $31.70, resulting in a price-to-GF-Value ratio of 0.94. This indicates that the stock is fairly valued according to its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
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.
