Insider Sell: EVP and General Counsel Stephanie Moore Sells 98,020 Shares of Vistra Corp (VST)
Vistra Corp (NYSE:VST), a company engaged in the production and retail sale of electricity and natural gas, primarily in markets throughout the United States, has reported an insider sell according to a recent SEC filing. Stephanie Moore, the Executive Vice President and General Counsel of Vistra Corp, sold 98,020 shares of the company on March 5, 2024.The transaction was executed at an average price of $58.5 per share, resulting in a total sale amount of approximately $5,734,170. This insider sell has contributed to the insider transaction history for Vistra Corp, which over the past year has seen 7 insider buys and 3 insider sells.
Over the past year, the insider, Stephanie Moore, has sold a total of 328,148 shares and has not made any purchases of the company's stock. The recent sell by the insider has occurred when the stock is trading with a market cap of $21.457 billion.The price-earnings ratio of Vistra Corp stands at 17.23, which is above the industry median of 15.12 and also higher than the company's historical median price-earnings ratio. This indicates that the stock is trading at a premium compared to its peers and its own historical valuation.
Furthermore, with the current share price of $58.5 and a GuruFocus Value of $31.42, Vistra Corp has a price-to-GF-Value ratio of 1.86, suggesting that the stock is Significantly Overvalued based on its GF Value. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.The insider's decision to sell shares at this point might be of interest to investors and market watchers, as it aligns with the stock's current valuation status according to GuruFocus metrics. However, it is important to note that the reasons for an insider's decision to sell shares can vary and may not necessarily be based solely on the company's valuation or performance.
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.
