On February 14, 2024, Robert Mcgibney, President and COO of KB Home (NYSE:KBH), executed a sale of 14,781 shares of the company. The transaction was filed with the SEC and can be found through this SEC Filing.
KB Home is a homebuilding company that constructs and sells homes primarily designed for first-time, move-up, and active adult buyers. The company operates in several states across the United States and is known for its built-to-order approach, allowing buyers to personalize their homes from homesites and floor plans to cabinets and countertops.
Over the past year, the insider has sold a total of 14,781 shares and has not made any purchases. The insider transaction history for KB Home shows a pattern of 14 insider sells and no insider buys over the same timeframe.
On the date of the insider's recent sale, shares of KB Home were trading at $60.86, resulting in a market capitalization of $4.648 billion. The price-earnings ratio of the stock stood at 8.70, which is below the industry median of 9.92 and also below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 1.24, with a GF Value of $49.23, indicating that KB Home was considered modestly overvalued based on its GF Value. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which factors in historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider selling activity at KB Home.
The GF Value image provides a visual representation of KB Home's current valuation in relation to its intrinsic value as estimated by GuruFocus.
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.
