State Street Corporation Executive Vice President Donna Milrod Sells 3,200 Shares
On February 22, 2024, Executive Vice President Donna Milrod sold 3,200 shares of State Street Corporation (NYSE:STT), according to a recent SEC Filing. The transaction was executed with the stock price at $72.33 per share, resulting in a total sale amount of $231,456.
State Street Corporation is a financial services and bank holding company headquartered in Boston, Massachusetts. It provides a range of products and services for institutional investors worldwide, including investment management, investment research and trading, and investment servicing.
Over the past year, the insider has sold a total of 3,200 shares and has not made any purchases. The insider transaction history for State Street Corporation shows a pattern of 12 insider sells and no insider buys over the same timeframe.
Shares of State Street Corporation were trading at $72.33 on the day of the insider's recent sale, giving the company a market cap of $22.002 billion. The price-earnings ratio stands at 13.27, which is below both the industry median of 13.63 and the companys historical median price-earnings ratio.
With the current share price and a GuruFocus Value of $85.84, State Street Corporation has a price-to-GF-Value ratio of 0.84, indicating that the stock is considered Modestly Undervalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at State Street Corporation.
The GF Value image above provides a visual representation of State Street Corporation's current valuation in relation to its intrinsic value as estimated by GuruFocus.
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.
