Insider Sell: Eric Cribbs Sells 1,000 Shares of Eagle Materials Inc (EXP)

Author's Avatar
4 days ago

On November 25, 2024, Eric Cribbs, President of American Gypsum, a subsidiary of Eagle Materials Inc (EXP, Financial), sold 1,000 shares of the company. Following this transaction, the insider now owns 12,937 shares of Eagle Materials Inc. Eagle Materials Inc is a leading provider of building materials, including gypsum wallboard and cement. The company operates in two major segments: Heavy Materials, which includes the Cement and Concrete and Aggregates divisions, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard divisions. 1861561695831486464.png Over the past year, Eric Cribbs has sold a total of 12,121 shares and has not purchased any shares. The insider transaction history for Eagle Materials Inc indicates that there have been 0 insider buys and 20 insider sells over the same period. 1861561724348559360.png As of the date of the recent sale, shares of Eagle Materials Inc were trading at $319.64, giving the stock a market cap of $10.397 billion. The company's price-earnings ratio stands at 21.89, which is higher than the industry median of 17.09 and also higher than the company’s historical median price-earnings ratio. With a trading price of $319.64 and a GF Value of $201.05, Eagle Materials Inc has a price-to-GF-Value ratio of 1.59, 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, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts. For more details on the transaction, refer to the SEC Filing.

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.