Henry Schein Inc CEO Bradford Connett Sells 11,238 Shares
CEO of NA Distribution Group, Bradford Connett, has sold 11,238 shares of Henry Schein Inc (NASDAQ:HSIC) on December 21, 2023, according to a recent SEC Filing. The transaction was executed at a stock price of $74.02, resulting in a total value of $831,730.76.
Henry Schein Inc is a solutions company for health care professionals powered by a network of people and technology. The company offers a variety of dental and medical products, including equipment and software, as well as practice management solutions. With a focus on improving the operational efficiency of health care providers, Henry Schein Inc plays a significant role in the global health care market.
Over the past year, Bradford Connett has sold a total of 11,238 shares and has not made any purchases of the company's stock. The insider's recent sale contributes to the trend observed over the past year, where there have been no insider buys and seven insider sells for Henry Schein Inc.
On the valuation front, Henry Schein Inc's shares were trading at $74.02 on the day of the insider's sale, giving the company a market capitalization of $9.735 billion. The price-earnings ratio stands at 22.17, which is above both the industry median of 17.935 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 0.86, with a GF Value of $86.02, indicating that Henry Schein Inc is considered modestly undervalued 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 from Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's valuation and future prospects. The recent sale by the insider at Henry Schein Inc may attract attention from the market as stakeholders evaluate the implications of such insider activities.
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.
