Director Jeffrey Sagansky Sells 75,000 Shares of WillScot Mobile Mini Holdings Corp (WSC)
On March 8, 2024, Director Jeffrey Sagansky executed a significant stock sale of WillScot Mobile Mini Holdings Corp (NASDAQ:WSC). According to the SEC Filing, the insider sold 75,000 shares of the company.
WillScot Mobile Mini Holdings Corp is a leading business services company specializing in modular space and portable storage solutions. The company operates a fleet of ready-to-rent units and provides a range of services including delivery, setup, and maintenance of the units for customers across diverse sectors.
Over the past year, Jeffrey Sagansky has sold a total of 175,000 shares and has not made any purchases of the company's stock. This latest transaction continues the trend of stock sales by the insider.
The insider transaction history for WillScot Mobile Mini Holdings Corp reveals a pattern of insider activity. In the past year, there have been 4 insider buys and 3 insider sells, indicating a mixed sentiment among those with intimate knowledge of the company.
On the valuation front, WillScot Mobile Mini Holdings Corp's shares were trading at $47.5 on the day of the insider's recent sale, resulting in a market cap of $8.748 billion. The price-earnings ratio stands at 19.76, which is above the industry median of 17.83 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 0.87, with a GF Value of $54.77, suggesting that WillScot Mobile Mini Holdings Corp is modestly undervalued. The GF Value is an intrinsic value estimate that considers historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's prospects and valuation. The recent sale by Director Jeffrey Sagansky is a data point that market participants may consider as they evaluate WillScot Mobile Mini Holdings Corp's stock.
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.
