On February 9, 2024, Jacqueline Mutschler, a director at Weatherford International PLC, executed a sale of 5,000 shares of the company's stock. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing.
Weatherford International PLC, traded under the ticker WFRD, is a multinational oilfield service company. The company provides a range of services and products for the drilling, evaluation, completion, production, and intervention of oil and natural gas wells.
According to the data, the insider has sold a total of 5,000 shares over the past year and has not made any purchases of the company's stock during that time. The recent sale by the insider is part of a broader trend observed over the past year, where there have been no insider buys and 11 insider sells for Weatherford International PLC.
On the date of the sale, shares of Weatherford International PLC were priced at $96.88, resulting in a market capitalization of $7,147.842 billion. The company's price-earnings ratio stood at 17.28, which is above the industry median of 9.64 but below the company's historical median price-earnings ratio.
The stock's valuation, when compared to the GuruFocus Value (GF Value) of $46.24, indicates a price-to-GF-Value ratio of 2.1. This suggests that Weatherford International PLC is significantly overvalued based on its GF Value.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective. The recent sale by Director Jacqueline Mutschler may be of interest to stakeholders tracking insider behavior and market valuations.
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.
