On December 3, 2024, Kieran O'Sullivan, President & CEO of CTS Corp, sold 42,393 shares of the company. Following this transaction, the insider now owns 413,250 shares of CTS Corp. The details of this transaction can be found in the SEC Filing.
CTS Corp (CTS, Financial) is a leading designer and manufacturer of sensors, actuators, and electronic components for a wide range of industries, including automotive, aerospace, communications, defense, industrial, information technology, and medical. The company focuses on providing innovative solutions that improve the performance and reliability of its customers' products.
The insider transaction history for CTS Corp shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 11 insider sells over the same timeframe. Over the past year, Kieran O'Sullivan has sold 107,393 shares in total and purchased 0 shares in total.
Shares of CTS Corp were trading for $55.76 apiece on the day of Kieran O'Sullivan’s recent sale. This gives the stock a market cap of $1.666 billion. The price-earnings ratio is 28.52, which is higher than the industry median of 23.675 and higher than the company’s historical median price-earnings ratio.
With a price of $55.76 and a GuruFocus Value of $41.14, CTS Corp has a price-to-GF-Value ratio of 1.36. This means the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- 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.
