Director David Johnson sold 500 shares of Arthur J. Gallagher & Co (AJG, Financial) on February 6, 2024, according to a recent SEC Filing. The transaction was executed at a stock price of $234.04, resulting in a total sale amount of $117,020.
Arthur J. Gallagher & Co, with a market cap of $51.361 billion, is a global insurance brokerage and risk management services firm. The company provides a broad range of services including commercial property and casualty, employee benefits, and human resources consulting, to clients around the world.
Over the past year, the insider has sold a total of 3,500 shares of Arthur J. Gallagher & Co and has not made any purchases. The company's insider transaction history over the past year indicates a total of 23 insider sells and no insider buys.
On the day of the insider's recent sale, shares of Arthur J. Gallagher & Co were trading at $234.04. The company's price-earnings ratio stands at 53.39, which is above both the industry median of 11.57 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.2, with a GF Value of $194.76, suggesting that Arthur J. Gallagher & Co is modestly overvalued according to GuruFocus's valuation model. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from 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.