GuruFocus - On July 26, 2024, Steven Mizell, Director at Allegion PLC (NYSE:ALLE), purchased 1,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 5,545 shares of Allegion PLC.
Allegion PLC is a provider of security products and solutions for homes and businesses. The company's products include mechanical and electronic security products such as locks, doors, and entry systems.
The shares were bought at a price of $136.53 each, valuing the transaction at $136,530. Allegion PLC's current market cap is approximately $12.14 billion.
The company's price-earnings ratio stands at 22.15, which is above the industry median of 17.69. This ratio is also lower than the companys historical median.
According to the GF Value, the intrinsic value of Allegion PLC is estimated at $129.62 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.05.
Over the past year, there have been three insider buys and six insider sells at Allegion PLC. The insider transaction history indicates a mixed sentiment among the insiders.
For more detailed information on insider transactions at Allegion PLC, visit the company's stock summary page on 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 content was originally published on Gurufocus.com
![Director Steven Mizell Acquires 1,000 Shares of Allegion PLC (ALLE)](https://d68-invdn-com.investing.com/content/pic3c172047361d17a3b31133a4b6ba0803.png)