On December 28, 2023, CEO Victor Grizzle sold 22,914 shares of Armstrong World Industries Inc (AWI, Financial), according to a recent SEC Filing. Armstrong World Industries Inc is a global leader in the design and manufacture of innovative commercial and residential ceiling, wall, and suspension system solutions.
Over the past year, the insider has sold a total of 22,914 shares and has not made any purchases of the company's stock. The insider transaction history at Armstrong World Industries Inc reveals a pattern of 2 insider sells and 0 insider buys over the last twelve months.
On the date of the sale, shares of Armstrong World Industries Inc were trading at $99.02, giving the company a market capitalization of $4.344 billion. The price-earnings ratio of the stock stands at 19.62, which is above the industry median of 15.11 but below the historical median for the company.
The stock's price-to-GF-Value ratio is 0.93, with a GF Value of $106.03, indicating that Armstrong World Industries Inc is considered Fairly Valued according to the intrinsic value estimate by GuruFocus.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
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.
