Insider Sell: Snap-on Inc (SNA) CFO Aldo Pagliari Sells 7,522 Shares
Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users, reported an insider selling event. The company's Senior Vice President - Finance & Chief Financial Officer, Aldo Pagliari, sold 7,522 shares of the company on February 27, 2024, according to a recent SEC filing.Aldo Pagliari has been active in the market over the past year, selling a total of 26,472 shares and making no purchases of the company's stock during that period.The insider transaction history for Snap-on Inc (NYSE:SNA) indicates a pattern of insider sales, with 23 insider sells recorded over the past year and no insider buys during the same timeframe.On the day of the insider's most recent transaction, shares of Snap-on Inc were trading at $271.94, giving the company a market capitalization of $14.531 billion. The price-earnings ratio of the stock stands at 14.70, which is below both the industry median of 22 and the historical median price-earnings ratio for the company.Considering the stock's price of $271.94 and the GuruFocus Value of $259.42, Snap-on Inc has a price-to-GF-Value ratio of 1.05, suggesting that the stock is Fairly Valued 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 from 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.
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