Gregory Rustowicz, Executive VP Finance, CFO of Columbus McKinnon Corp (NASDAQ:CMCO), sold 9,461 shares of the company on February 8, 2024, according to a recent SEC filing. Columbus McKinnon Corp is a leading designer, manufacturer, and marketer of material handling products, systems, and services designed to efficiently and ergonomically move, lift, position, or secure material.
Over the past year, the insider has sold a total of 9,461 shares and has not made any purchases of the company's stock.
The insider transaction history for Columbus McKinnon Corp shows a pattern of 0 insider buys and 2 insider sells over the past year.
On the date of the insider's recent sale, shares of Columbus McKinnon Corp were trading at $41.44, resulting in a market capitalization of $1.236 billion.
The stock's price-earnings ratio stands at 25.43, which is above both the industry median of 14.02 and the company's historical median price-earnings ratio.
With a trading price of $41.44 and a GuruFocus Value of $40.76, Columbus McKinnon Corp has a price-to-GF-Value ratio of 1.02, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated 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.
