On November 26, 2024, Bernard Skeete, the Chief Accounting Officer of Veralto Corp's subsidiary, executed a sale of 200 shares of Veralto Corp (VLTO, Financial). Following this transaction, the insider now holds 3,483 shares of the company. The details of this transaction can be found in the SEC Filing.
Veralto Corp is a company engaged in providing a range of products and services across various sectors. The company focuses on delivering innovative solutions to its clients, enhancing operational efficiency and productivity.
The insider transaction history for Veralto Corp indicates a trend of insider selling, with 13 insider sells and only 1 insider buy over the past year. This recent sale by Bernard Skeete aligns with the broader trend observed within the company.
On the day of the transaction, shares of Veralto Corp were trading at $108.78, giving the stock a market cap of $26.701 billion. The company's price-earnings ratio stands at 33.32, which is higher than the industry median of 24.845 and also higher than the company's historical median price-earnings ratio.
This insider activity and valuation metrics provide a factual overview of the current state of Veralto Corp, offering insights into the company's market position and insider sentiment.
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.
