GuruFocus - Joseph Erlinger, the President of McDonald's USA, part of McDonald's Corp (NYSE:MCD), sold 1,098 shares of the company on August 23, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 12,583.34 shares of McDonald's Corp.
Over the past year, Joseph Erlinger has engaged in multiple transactions, selling a total of 29,122 shares and purchasing none. This latest sale continues a trend observed within the company, where there have been 24 insider sells and no insider buys over the past year.
McDonald's Corp, known globally for its fast-food restaurants serving a variety of menu items including burgers, fries, and beverages, has a significant presence worldwide. On the date of the sale, shares of McDonald's Corp were priced at $288.7. This pricing values the company with a market cap of approximately $207.69 billion.
The stock's price-earnings ratio stands at 25.33, which is above both the industry median of 22.68 and the historical median for the company. This suggests a higher valuation relative to earnings compared to both its peers and its own past performance.
According to the GF Value, an intrinsic value estimate used by GuruFocus, McDonald's Corp is considered Fairly Valued with a price-to-GF-Value ratio of 0.97, based on a GF Value of $298.61. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider selling activity could 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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