On February 12, 2024, Director of Corporate Center at KeyCorp, Trina Evans, sold 12,335 shares of the company, according to a recent SEC Filing. The transaction was executed with the shares priced at $14.23 each.
KeyCorp is a financial services company providing retail and commercial banking, investment management, and consumer finance services. The company operates through its subsidiary, KeyBank, which offers a range of banking and lending services to individuals and businesses.
Over the past year, the insider has sold a total of 12,335 shares and has not made any purchases of the company's stock. The insider transaction history for KeyCorp indicates a balance of insider activity, with 5 insider buys and 6 insider sells occurring over the same timeframe.
As of the date of the insider's recent sale, KeyCorp had a market capitalization of $12,980.777 billion. The stock's price-earnings ratio stood at 15.57, surpassing both the industry median of 9.04 and KeyCorp's own historical median price-earnings ratio.
The stock's current price of $14.23, when compared to the GuruFocus Value of $17.80, results in a price-to-GF-Value ratio of 0.8, suggesting that KeyCorp is modestly undervalued according to this metric.
The GF Value is determined by 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.
