On November 19, 2024, Edward Hyman, Vice Chair of Evercore Inc (EVR, Financial) and Chairman of Evercore ISI, sold 28,690 shares of Evercore Inc (EVR). Following this transaction, the insider now owns 1,748,076 shares of the company. The details of this transaction can be found in the SEC Filing.
Evercore Inc (EVR) is a leading global independent investment banking advisory firm. The company provides advisory services to prominent multinational corporations on significant mergers, acquisitions, divestitures, restructurings, and other strategic corporate transactions. Evercore Inc also offers institutional investors high-quality research, sales, and trading execution.
Over the past year, Edward Hyman has sold a total of 158,443 shares and has not purchased any shares. The insider transaction history for Evercore Inc indicates that there have been no insider buys in the past year, while there have been 10 insider sells.
On the day of the recent transaction, shares of Evercore Inc were trading at $298.58, giving the stock a market cap of $11.454 billion. The company's price-earnings ratio stands at 38.63, which is higher than the industry median of 19.17 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $298.58 and a GuruFocus Value of $130.90, Evercore Inc has a price-to-GF-Value ratio of 2.28, indicating that the stock is significantly overvalued based on 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.
