Ademir Sarcevic, Vice President/CFO/Treasurer of Standex International Corp (NYSE:SXI), executed a sale of 2,428 shares in the company on February 9, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $154.31 per share, resulting in a total value of $374,660.68.
Standex International Corp is a diversified manufacturing company operating across five segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics, and Hydraulics. The company's products and services cater to various markets, including commercial food service, life sciences, automotive, aerospace, and electronics.
Over the past year, the insider has sold a total of 10,438 shares of Standex International Corp and has not made any purchases. The recent transaction is part of a series of sales by the insider, reflecting a consistent pattern of insider selling activity within the company.
The insider transaction history for Standex International Corp shows a trend of insider sales, with 16 recorded over the past year and no insider buys during the same period.
On the valuation front, Standex International Corp's shares were trading at $154.31 on the day of the insider's sale, giving the company a market capitalization of $1.911 billion. The price-earnings ratio stands at 13.86, which is below the industry median of 20.54 and also below the company's historical median price-earnings ratio.
According to the GF Value, with a share price of $154.31 and a GuruFocus Value of $117.01, Standex International Corp has a price-to-GF-Value ratio of 1.32, indicating that the stock is Significantly Overvalued in relation to its intrinsic value as estimated by GuruFocus.
The GF Value is derived from historical trading multiples, 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.
