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Insider Sale: Director Oscar Fanjul Sells Shares of Marsh & McLennan Companies Inc (MMC)

Published 2024-08-16, 01:17 p/m
Insider Sale: Director Oscar Fanjul Sells Shares of Marsh & McLennan Companies Inc (MMC)
MMC
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GuruFocus - Director Oscar Fanjul sold 2,500 shares of Marsh & McLennan Companies Inc (NYSE:MMC) on August 14, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 50,893.316 shares of the company.

Marsh & McLennan Companies Inc, a global professional services firm, offers advice and solutions in risk, strategy, and people. The company operates through two segments: Risk and Insurance Services, and Consulting. The firm assists clients in protecting and enhancing their value by identifying new opportunities to manage risk and create value.

Over the past year, Oscar Fanjul has sold a total of 16,500 shares and has not made any purchases. The recent sale is part of a broader trend observed at Marsh & McLennan Companies Inc, where there have been 18 insider sells and no insider buys over the past year.

On the date of the latest transaction, shares of Marsh & McLennan Companies Inc were priced at $219.33. This valuation brings the market cap of the company to approximately $109.13 billion. The price-earnings ratio stands at 27.46, which is above both the industry median of 11.48 and the company's historical median.

According to the GF Value, the intrinsic value of the stock is estimated at $208.27, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.05.

The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at Marsh & McLennan Companies Inc.

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

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