On November 25, 2024, Jeffery Leonard, President & CEO of Alamo Group Inc (ALG, Financial), executed a sale of 1,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now holds 35,324 shares of the company.
Alamo Group Inc (ALG) is a company engaged in the design, manufacture, distribution, and service of equipment for infrastructure maintenance, agriculture, and other applications. The company operates through two segments: Industrial and Agricultural. The Industrial segment offers products for infrastructure maintenance, while the Agricultural segment provides equipment for farming and ranching.
The insider transaction history for Alamo Group Inc indicates that there have been no insider buys over the past year, while there have been nine insider sells during the same period. Over the past year, Jeffery Leonard has sold a total of 2,000 shares and has not purchased any shares.
On the day of the recent sale, shares of Alamo Group Inc were trading at $204.10, giving the stock a market cap of $2.384 billion. The company's price-earnings ratio stands at 19.91, which is higher than the industry median of 14.47 and also higher than the company's historical median price-earnings ratio.
With a trading price of $204.10 and a GF Value of $177.45, Alamo Group Inc has a price-to-GF-Value ratio of 1.15, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.
