Blue Bird Corp CEO Phil Horlock Sells 17,438 Shares
On February 8, 2024, Phil Horlock, the CEO of Blue Bird Corp (NASDAQ:BLBD), sold 17,438 shares of the company's stock, according to a recent SEC Filing. Over the past year, the insider has sold a total of 227,187 shares and has not made any purchases of the company's stock.
Blue Bird Corp is known for its role as a leading independent designer and manufacturer of school buses. The company also provides aftermarket parts and services for the school bus market.
The insider transaction history at Blue Bird Corp shows a pattern of selling, with 12 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of Blue Bird Corp were trading at $33, giving the company a market cap of $976.583 million. The price-earnings ratio of the stock is 15.96, which is slightly lower than the industry median of 16.3 and also below the company's historical median price-earnings ratio.
According to the GuruFocus Value assessment, with a stock price of $33 and a GF Value of $24.13, Blue Bird Corp has a price-to-GF-Value ratio of 1.37, indicating that the stock is considered to be Modestly Overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by 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.
This article first appeared on GuruFocus.
