GuruFocus - On September 9, 2024, Linda Alvarado, a Director at Limbach Holdings Inc (NASDAQ:LMB), purchased 901 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 27,290 shares of Limbach Holdings Inc.
Limbach Holdings Inc operates in the construction sector, providing building systems engineering, design, installation, maintenance, and repair services across the United States. The company focuses on mechanical, electrical, and plumbing projects for commercial and institutional buildings.
The transaction occurred with the stock priced at $64.3 per share, giving Limbach Holdings Inc a market cap of approximately $774.575 million. This valuation reflects a price-earnings ratio of 31.44, which is significantly higher than both the industry median and the company's historical median.
According to the GF Value, the intrinsic value of Limbach Holdings Inc is estimated at $12.19 per share, making the current price represent a significant premium with a price-to-GF-Value ratio of 5.27, indicating that the stock is Significantly Overvalued.
Over the past year, insider activity at Limbach Holdings Inc has shown a mix of buying and selling, with 4 insider buys and 7 insider sells. The insider's recent purchase aligns with a broader pattern of insider transactions at the company.
This insider buying activity could be of interest to investors, especially considering the company's current valuation metrics 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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