GuruFocus - On July 31, 2024, Eric Cribbs, President of American Gypsum, a subsidiary of Eagle Materials Inc (NYSE:EXP), executed a sale of 1,851 shares of the company. The transaction was filed with the SEC and took place at a stock price of $277.06 per share. Following this transaction, the insider now owns 13,937 shares of Eagle Materials Inc.
Eagle Materials Inc is a leading manufacturer and distributor of building and construction products. The company operates in segments including Cement, Concrete and Aggregates, and Gypsum Wallboard, among others, providing essential materials for commercial and residential construction, and energy industries.
Over the past year, Eric Cribbs has sold a total of 11,121 shares of Eagle Materials Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 15 insider sells and no insider buys over the same period.
As of the latest trading session, Eagle Materials Inc shares were priced at $277.06, giving the company a market cap of approximately $8.53 billion. The stock's price-earnings ratio stands at 17.91, which is above the industry median of 16.815 but below the companys historical median.
The GF Value of Eagle Materials Inc is set at $198.10, indicating that the stock is currently Modestly Overvalued with a price-to-GF-Value ratio of 1.4. This valuation is derived from historical trading multiples, an adjustment factor based on past performance, and future business projections.
This insider sale might interest investors tracking ownership changes and evaluating the stocks current valuation metrics, such as the price-sales ratio, price-book ratio, and price-to-free cash flow, to make informed 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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![Insider Sale: President of American Gypsum, Eric Cribbs, Sells Shares of Eagle Materials Inc (EXP)](https://d68-invdn-com.investing.com/content/pic66641581c81ea4a19ffd398603756771.png)