GuruFocus - Martin Connor, Chief Financial Officer of Toll Brothers Inc (NYSE:TOL), sold 3,806 shares of the company on June 12, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 24,721 shares of the company.
Toll Brothers Inc (NYSE:TOL) is a leading builder of luxury homes in the United States. The company's operations include the design, construction, and sale of single-family detached and attached homes in luxury residential communities.
According to the filing, the shares were sold at a price of $121.84 each. This transaction has contributed to the ongoing trend of insider sales at the company, with a total of 26 insider sells and no insider buys over the past year. Over the past year, Martin Connor has sold a total of 67,550 shares of Toll Brothers Inc and has not purchased any shares.
The stock of Toll Brothers Inc (NYSE:TOL) currently holds a market cap of $12.398 billion. The price-earnings ratio of the company stands at 8.25, which is lower than the industry median of 11.15. This valuation metric is also below the company's historical median.
Furthermore, with a current price of $121.84 and a GF Value of $79.90, Toll Brothers Inc is considered significantly overvalued with a price-to-GF-Value ratio of 1.52.
The GF Value is calculated based on 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 insider sale comes at a time when the stock's valuation metrics suggest a premium compared to its intrinsic value, as indicated by the GF Value. Investors and stakeholders in Toll Brothers Inc (NYSE:TOL) may want to keep an eye on insider transactions and broader market trends to gauge potential impacts on their investment decisions.
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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