Insider Sell: President and CEO M Ball Sells 7,000 Shares of Koppers Holdings Inc
On December 20, 2023, M Ball, President and CEO of Koppers Holdings Inc (NYSE:KOP), executed a sale of 7,000 shares in the company. The transaction was filed with the SEC and can be found in detail through the following SEC Filing.
Koppers Holdings Inc is a global provider of treated wood products, wood treatment chemicals, and carbon compounds. The company offers a comprehensive range of products and services aimed at improving the performance and extending the life of wood, wood-related, and carbon products. Koppers serves a variety of markets including the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction industries.
Over the past year, the insider, M Ball, has sold a total of 41,269 shares and has not made any purchases of the company's stock.
The insider transaction history for Koppers Holdings Inc indicates a pattern of more insider sales than buys over the past year, with 2 insider buys and 16 insider sells recorded.
On the date of the insider's recent sale, shares of Koppers Holdings Inc were trading at $49.27, resulting in a market cap of $1.025 billion.
The stock's price-earnings ratio stands at 11.70, which is below both the industry median of 22.78 and the company's historical median price-earnings ratio.
Koppers Holdings Inc's stock price of $49.27 compared to the GuruFocus Value of $37.22 suggests a price-to-GF-Value ratio of 1.32, indicating that the stock is considered Significantly Overvalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, 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.
