GuruFocus - On June 3, 2024, Henry Smith, a Director at Axis Capital Holdings Ltd (NYSE:AXS), executed a sale of 7,217 shares of the company. The transaction was filed on the same day with the SEC. Following this sale, the insider now owns 48,019 shares of Axis Capital Holdings Ltd.
Axis Capital Holdings Ltd operates as a global provider of specialty lines insurance and treaty reinsurance. The company offers its services to various sectors, ensuring a diversified business model.
Over the past year, Henry Smith has sold a total of 13,217 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been 4 insider buys and 2 insider sells over the past year.
Shares of Axis Capital Holdings Ltd were trading at $72.9 on the day of the transaction. The company has a market cap of $6.107 billion. The price-earnings ratio of the stock is 11.03, which is lower than the industry median of 11.57 and also below the companys historical median.
According to the GF Value, the intrinsic value estimate for Axis Capital Holdings Ltd is $58.50 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.25.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and market trends.
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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