Blue Bird Corp CEO Phil Horlock Sells 75,000 Shares
Phil Horlock, CEO of Blue Bird Corp (NASDAQ:BLBD), has sold 75,000 shares of the company on February 1, 2024, according to a recent SEC Filing. 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.
Over the past year, the insider has sold a total of 209,749 shares and has not made any purchases of the company's stock. The insider transaction history at Blue Bird Corp indicates a pattern of 11 insider sells and no insider buys over the same timeframe.
On the date of the insider's recent sale, shares of Blue Bird Corp were trading at $31, giving the company a market cap of $995.258 million. The price-earnings ratio of the stock stands at 41.77, which is above both the industry median of 16.37 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.29, with a current trading price of $31 and a GuruFocus Value of $24.11. This indicates that Blue Bird Corp is considered Modestly Overvalued according to its GF Value.
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.
The insider trend image above reflects the recent selling pattern observed among the company's insiders.
The GF Value image provides a visual representation of the stock's valuation in comparison to its intrinsic value estimate.
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.
