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Insider Selling: Director Victoria Harker Sells Shares of Xylem Inc (XYL)

Published 2024-09-10, 07:26 p/m
© Reuters.  Insider Selling: Director Victoria Harker Sells Shares of Xylem Inc (XYL)
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GuruFocus - On September 9, 2024, Victoria Harker, Director at Xylem Inc (NYSE:XYL), sold 2,760 shares of the company. The transaction was executed at a price of $127.65 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 19,075 shares of Xylem Inc.

Xylem Inc (NYSE:XYL) is a leading global water technology company committed to developing innovative technology solutions to the worlds water challenges. The company's technology and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential and commercial building services settings.

Over the past year, the insider has sold a total of 4,760 shares and has not made any purchases. This recent sale is part of a broader trend observed over the past year at Xylem Inc, where there have been 11 insider sells and no insider buys.

As of the date of the insider's recent transaction, shares of Xylem Inc were trading at $127.65, giving the company a market cap of approximately $31.53 billion. The price-earnings ratio of the stock stands at 40.32, which is above both the industry median of 21.365 and the historical median for the company.

The stock is currently considered to be Fairly Valued with a price-to-GF Value ratio of 1.05, based on a GF Value of $121.01. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

This insider sell event might be of interest to investors tracking insider behaviors and company valuation metrics such as the price-to-free cash flow, price-sales ratio, and price-book ratio, all of which are components in determining the GF Value.

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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