Insider Sell: EVP & President, Home Comfort Solutions Gary Bedard Sells Shares of Lennox ...
Gary Bedard, EVP & President, Home Comfort Solutions, has executed a sale of 1,849 shares of Lennox International Inc (NYSE:LII) on March 18, 2024, according to a recent SEC filing.
Lennox International Inc is a global leader in the heating, air conditioning, and refrigeration markets. The company is committed to providing innovative solutions that promote a healthy environment through sustainable practices. Lennox International Inc designs, manufactures, and markets a wide range of products for heating, ventilation, air conditioning, and refrigeration (HVACR) in residential, commercial, and industrial markets.
Over the past year, the insider has sold a total of 3,387 shares of Lennox International Inc and has not made any purchase of the company's shares.
The insider transaction history at Lennox International Inc reveals a pattern of 1 insider buy and 16 insider sells over the past year.
On the date of the insider's recent transaction, shares of Lennox International Inc were trading at $473.59, giving the company a market capitalization of $17.188 billion.
The company's price-earnings ratio stands at 29.20, surpassing the industry median of 15.21 and also exceeding the historical median price-earnings ratio for Lennox International Inc.
Lennox International Inc's stock, with a current price of $473.59 and a GuruFocus Value of $357.97, has a price-to-GF-Value ratio of 1.32, indicating that the stock is Significantly Overvalued according to its GF Value.
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 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.
