Carlisle Companies Inc Insider Sells Shares
John Berlin, President of CIT at Carlisle Companies Inc (CSL), executed a sale of 6,319 shares in the company on February 8, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $337.42 per share, resulting in a total value of $2,132,869.98.
Carlisle Companies Inc is a diversified manufacturing company operating worldwide. The company designs, manufactures, and markets a wide range of products for a variety of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace, and defense electronics. Its segments include Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction.
Over the past year, the insider has sold a total of 10,285 shares of Carlisle Companies Inc and has not made any purchases. The recent sale by the insider is part of a trend observed over the last year, where there have been no insider buys but five insider sells.
On the valuation front, Carlisle Companies Inc's shares were trading at $337.42 on the day of the insider's sale, giving the company a market capitalization of $16.999 billion. The price-earnings ratio of the stock stands at 22.91, which is above the industry median of 15.1 and also exceeds the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.24, with a GF Value of $271.78, indicating that Carlisle Companies Inc is considered Modestly Overvalued according to GuruFocus's valuation model.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, 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.
