Insider Sell Alert: Daas Den Sells Shares of Valmont Industries Inc (VMI)

Author's Avatar
Nov 20, 2024
Article's Main Image

On November 18, 2024, Daas Den, a Director at Valmont Industries Inc (VMI, Financial), sold 1,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 8,644 shares of the company. Valmont Industries Inc (VMI) is a global leader in the design and manufacturing of engineered products that support global infrastructure development and agricultural productivity. The company operates through various segments, including Utility Support Structures, Engineered Support Structures, Coatings, Irrigation, and Other. 1859356231345532928.png The insider transaction history for Valmont Industries Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 17 insider sells over the same timeframe. Over the past year, Daas Den has sold 1,000 shares in total and purchased 0 shares in total. 1859356331111247872.png Shares of Valmont Industries Inc were trading for $338.78 apiece on the day of Daas Den’s recent sale. This gives the stock a market cap of $6.816 billion. The price-earnings ratio is 23.11, which is higher than the industry median of 12.95 and lower than the company’s historical median price-earnings ratio. With a price of $338.78 and a GuruFocus Value of $283.74, Valmont Industries Inc has a price-to-GF-Value ratio of 1.19. This means the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.