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Insider Sale: President Jon Kemp Sells 5,000 Shares of DuPont de Nemours Inc (DD)

Published 2024-06-04, 08:36 p/m
Insider Sale: President Jon Kemp Sells 5,000 Shares of DuPont de Nemours Inc (DD)
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GuruFocus - President of Electronics & Industrial, Jon Kemp, executed a sale of 5,000 shares of DuPont de Nemours Inc (NYSE:DD) on June 3, 2024. The transaction was filed on SEC Filing. Following this transaction, the insider now owns 102,004.2319 shares of the company.

DuPont de Nemours Inc, a global innovation leader with technology-based materials and solutions, has seen various insider transactions over the past year. Notably, there have been no insider purchases but 9 insider sales during the same period. The insider, Jon Kemp, has sold a total of 10,200 shares over the past year.

On the day of the sale, shares of DuPont de Nemours Inc were priced at $81.15. The company currently holds a market cap of approximately $33.59 billion. The price-earnings ratio stands at 99.19, significantly above both the industry median of 23.83 and the company's historical median.

The stock's valuation according to GF Value is set at $77.62, leading to a price-to-GF-Value ratio of 1.05, indicating that the stock is Fairly Valued. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates from analysts.

This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels in the company's future prospects. With the current valuation metrics, such as the price-to-free cash flow, price-sales ratio, and price-book ratio, investors might find it useful to consider these figures in 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.

This content was originally published on Gurufocus.com

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