[ad_1]
On March 5, 2024, Renee Straber, Vice President and Chief Human Resources Officer of Masco Corp (NYSE: MAS), sold 52,264 shares of the company’s stock. The transaction was filed with the SEC and can be found in SEC filings. The sale continues a pattern of insider sales activity at the company over the past year.
Masco Corp is a global leader in the design, manufacturing and distribution of branded home improvement and building products. The company’s portfolio of industry-leading brands includes Behr paint, Delta and Hansgrohe faucets, tub and shower fixtures, KraftMaid and Merillat cabinetry, Milgard windows and doors, and spas. Masco Corp operates through two business segments: Plumbing Products and Decorative Building Products.
Over the past year, Renee Straber sold a total of 93,464 shares of Masco Corp stock and did not purchase any shares. The insider recently sold 52,264 shares, which is part of this wider stock disposal trend.
Masco Corp’s insider trading history shows a lack of insider buying over the past year, with 0 insider purchases recorded. In comparison, 12 cases of insider selling occurred during the same period, indicating a trend of insider selling.
On the day insiders last sold shares, Masco Corp’s shares were trading at $76.31, giving the company a market capitalization of $16.794 billion. The stock’s price-to-earnings ratio is 19.06, which is higher than the industry median of 15.17, but lower than the company’s historical price-to-earnings ratio median.
The stock’s market price to GF value ratio is 1.35, with the stock price at $76.31 and GuruFocus value at $56.58. This suggests that Masco Corp’s GF is significantly overvalued.
The calculation of GF takes into account historical trading multiples, GuruFocus adjustment factors based on past returns and growth, and Morningstar analyst estimates of future business performance.
This article was generated by GuruFocus and is intended to provide general insight and is not tailored financial advice. Our commentary is rooted in historical data and analyst forecasts, employs an unbiased methodology, and is not intended to serve as specific investment guidance. It does not make a recommendation to purchase or divest any stock and does not take into account personal investment objectives or financial situation. Our goal is to provide long-term, fundamental data-driven analysis. Please note that our analysis may not include the latest, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in the stocks mentioned in this article.
This article was first published on GuruFocus.
[ad_2]
Source link