TriMas Corp (TRS) CFO Scott Mell Sells 2,000 Shares

Author's Avatar
Nov 21, 2024

On November 19, 2024, Scott Mell, the Chief Financial Officer of TriMas Corp's subsidiary, sold 2,000 shares of TriMas Corp (TRS, Financial). Following this transaction, the insider now owns 28,506 shares of the company. The details of this transaction can be found in the SEC Filing. TriMas Corp is a diversified global manufacturer and provider of products for customers primarily in the consumer products, aerospace, and industrial markets. The company operates through various segments, offering a wide range of products and services. Over the past year, Scott Mell has sold a total of 7,000 shares and has not purchased any shares. The insider transaction history for TriMas Corp indicates there have been 9 insider buys and 4 insider sells over the past year. 1859399708846485504.png On the day of the recent sale, shares of TriMas Corp were trading at $25.94, giving the stock a market cap of $1.070 billion. The company's price-earnings ratio stands at 41.22, which is higher than the industry median of 17.465 and also higher than the company’s historical median price-earnings ratio. With a trading price of $25.94 and a GF Value of $28.42, TriMas Corp has a price-to-GF-Value ratio of 0.91, indicating that the stock is fairly valued based on its GF Value. 1859399736314982400.png 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, along with 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.