On February 12, 2024, EVP, Sales Robert Klein executed a sale of 9,163 shares of Advanced Drainage Systems Inc (WMS, Financial), according to a recent SEC Filing. Over the past year, the insider has sold a total of 23,791 shares and has not made any purchases of the company's stock.
Advanced Drainage Systems Inc is a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries. The company's comprehensive suite of products and services offers efficient solutions for a wide range of water management challenges faced by its customers.
The insider transaction history for Advanced Drainage Systems Inc shows a pattern of insider sales, with 22 insider sells and no insider buys over the past year.
On the valuation front, shares of Advanced Drainage Systems Inc were trading at $163.39 on the day of the insider's recent sale, resulting in a market cap of $12.618 billion. The price-earnings ratio stands at 25.85, which is above the industry median of 15.085 but below the company's historical median price-earnings ratio.
According to the GF Value, with a stock price of $163.39 and a GuruFocus Value of $122.22, Advanced Drainage Systems Inc has a price-to-GF-Value ratio of 1.34, indicating that the stock is Significantly Overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, 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.
