Senior Vice President Jody Pollard Sells 11,250 Shares of Rush Enterprises Inc
Senior Vice President Jody Pollard sold 11,250 shares of Rush Enterprises Inc (NASDAQ:RUSHA) on February 15, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $48.28 per share, resulting in a total sale amount of $543,150.Rush Enterprises Inc operates the largest network of commercial vehicle dealerships in North America, with more than 100 dealership locations in 22 states. The company is primarily engaged in the sale of new and used commercial vehicles, aftermarket parts, service, and financing.Over the past year, the insider has sold a total of 18,750 shares of Rush Enterprises Inc and has not made any purchase of the company's shares.The insider transaction history for Rush Enterprises Inc shows a pattern of sales over the past year, with 0 insider buys and 9 insider sells.
On the valuation front, Rush Enterprises Inc's shares were trading at $48.28 on the day of the insider's recent sale, giving the company a market cap of $3.684 billion. The price-earnings ratio stands at 11.28, which is below the industry median of 16.105 and also below the company's historical median price-earnings ratio.With a share price of $48.28 and a GuruFocus Value of $44.81, Rush Enterprises Inc has a price-to-GF-Value ratio of 1.08, indicating that the stock is Fairly Valued based on its GF Value.
The GF Value is calculated considering historical trading multiples, 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.
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