GMS Inc SVP, COO George Hendren Sells 3,404 Shares
George Hendren, SVP, COO of GMS Inc (NYSE:GMS), has sold 3,404 shares of the company on January 8, 2024, according to a recent SEC Filing. Over the past year, the insider has sold a total of 13,226 shares and has not made any purchases of the stock.
GMS Inc is a distributor of wallboard and suspended ceiling systems, and complementary construction products. The company operates a network of distribution centers across the United States and Canada.
The insider transaction history for GMS Inc indicates a trend of insider sales, with 19 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of GMS Inc were trading at $80, giving the company a market capitalization of $3.230 billion. The price-earnings ratio of the stock stands at 10.98, which is below both the industry median of 15.12 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.19, with a current share price of $80 and a GuruFocus Value of $67.20, indicating that GMS Inc is considered Modestly Overvalued according to the GF Value metric.
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.
