GuruFocus - On May 29, 2024, Jonathan Klein, a Director at Belden Inc (NYSE:BDC), sold 1,093 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 13,704 shares of Belden Inc.
Belden Inc is a global leader in signal transmission solutions for mission-critical applications in a range of markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics.
The shares were sold at a price of $95.5, valuing the transaction at approximately $103,418.5. This sale is part of a broader trend observed over the past year, where there have been 7 insider sells and only 1 insider buy at Belden Inc.
The current market cap of Belden Inc stands at approximately $3.84 billion. The stock's price-earnings ratio is 18.46, which is lower than the industry median of 23.75 and also below the companys historical median.
With a current stock price of $95.5 and a GF Value of $75.57, Belden Inc is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.26.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This recent transaction by Director Jonathan Klein continues a pattern of insider sales at Belden Inc, which investors might consider in the context of the company's stock valuation and market performance.
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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