Director Daniel Kaye Sells 4,845 Shares of Equitable Holdings Inc
On December 20, 2023, Daniel Kaye, a director at Equitable Holdings Inc, executed a sale of 4,845 shares of the company. The transaction was filed with the SEC and can be found in the following SEC Filing.
Equitable Holdings Inc, traded under the ticker EQH on the NYSE, is a financial services company that operates through various segments, including Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The company offers a range of financial products and services, including retirement strategies, investment management, life insurance, and employee benefits programs.
Over the past year, the insider has sold a total of 4,845 shares and has not made any purchases of the company's stock.
The insider transaction history for Equitable Holdings Inc indicates a pattern of more insider sales than buys over the past year, with 1 insider buy and 5 insider sells recorded.
On the date of the insider's recent transaction, shares of Equitable Holdings Inc were trading at $33.85, giving the company a market capitalization of $11,237.772 billion.
The stock's price-earnings ratio stands at 5.90, which is below both the industry median of 10.95 and the company's own historical median price-earnings ratio.
According to the GuruFocus Value chart, with a share price of $33.85 and a GF Value of $37.04, Equitable Holdings Inc's price-to-GF-Value ratio is 0.91, suggesting that the stock is Modestly Undervalued.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on 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.
