💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

Insider Sale: President Michael West Sells Shares of Moody's Corporation (MCO)

Published 2024-07-30, 01:01 p/m
Insider Sale: President Michael West Sells Shares of Moody's Corporation (MCO)
MCO
-

GuruFocus - On July 29, 2024, Michael West, President of Moody's Investors, executed a sale of 1,100 shares of Moody's Corporation (NYSE:MCO). The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 9,207.404 shares of the company.

Moody's Corporation is a global integrated risk assessment firm that provides analytical solutions and risk assessment services. Its tools support financial analysis and risk management activities worldwide.

Over the past year, Michael West has sold a total of 6,580 shares and has not made any purchases of the company's stock. This recent transaction continues a trend observed over the past year, where there have been 19 insider sells and no insider buys at Moody's Corporation.

Shares of Moody's Corporation were priced at $449.98 on the day of the sale. The company's market cap is approximately $83.41 billion. The price-earnings ratio stands at 45.22, which is significantly higher than both the industry median of 18.525 and the company's historical median.

The stock's GF Value is estimated at $397.49, indicating that with a current price of $449.98, Moody's Corporation is modestly overvalued with a price-to-GF-Value ratio of 1.13.

The GF Value is calculated considering 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 might be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics in relation to its current trading price.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.