On November 20, 2024, Richard Vaughan, Director at MBIA Insurance Corporation, a subsidiary of MBIA Inc (MBI, Financial), sold 12,821 shares of the company. Following this transaction, the insider now owns 61,814 shares of MBIA Inc. The details of this transaction can be found in the SEC Filing.
MBIA Inc is a financial services company that provides financial guarantee insurance, as well as related reinsurance, advisory, and other services. The company operates through its subsidiaries, including MBIA Insurance Corporation, which is primarily involved in the insurance of municipal bonds, asset-backed securities, and structured finance products.
Over the past year, Richard Vaughan has sold a total of 27,821 shares and has not purchased any shares. The insider transaction history for MBIA Inc indicates that there have been no insider buys and three insider sells over the same period.
On the day of the recent sale, shares of MBIA Inc were trading at $6.55, giving the stock a market cap of $335.776 million. The GF Value of MBIA Inc is estimated at $1.63, resulting in a price-to-GF-Value ratio of 4.02. This suggests 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 includes 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.
