GuruFocus - On September 12, 2024, Steven Demetriou, a Director at Arcosa Inc (NYSE:ACA), purchased 6,000 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's total holdings to 9,943 shares.
Arcosa Inc (NYSE:ACA) is a company that provides infrastructure-related products and solutions with leading positions in construction, energy, and transportation markets.
The shares were bought at a price of $87.7 each, valuing the transaction at approximately $526,200. Following this purchase, the total value of shares held by the insider in Arcosa Inc is estimated at $871,781.1.
Over the past year, the insider transaction history at Arcosa Inc shows a pattern of 2 insider buys and 3 insider sells. The recent acquisition by Steven Demetriou represents a notable increase in insider ownership.
On the valuation front, Arcosa Inc's shares have a market cap of approximately $4.28 billion. The stock's price-earnings ratio stands at 28.33, which is above both the industry median and the companys historical median. Additionally, with a current stock price of $87.7 and a GF Value of $70.95, the price-to-GF-Value ratio is 1.24, indicating that the stock is modestly overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider buy might signal a positive outlook from the director, aligning with the company's ongoing strategies and market position.
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.