On February 21, 2024, Christopher Cragg, a director at Powell Industries Inc (POWL, Financial), executed a sale of 9,000 shares of the company's stock, according to a recent SEC Filing. Powell Industries Inc is an industrial company that designs, manufactures, and services custom-engineered equipment and systems for the management and control of electrical energy and other critical processes.
Over the past year, the insider has sold a total of 9,000 shares and has not made any purchases of the company's stock.
The insider transaction history for Powell Industries Inc shows a pattern of 10 insider sells and no insider buys over the past year.
On the date of the insider's recent transaction, shares of Powell Industries Inc were trading at $155.13, resulting in a market capitalization of $1.838 billion.
The company's price-earnings ratio stands at 24.11, which is above the industry median of 21.48 but below the company's historical median price-earnings ratio.
With the current share price of $155.13 and a GuruFocus Value of $50.66, Powell Industries Inc has a price-to-GF-Value ratio of 3.06, indicating that the stock is Significantly Overvalued according to the GF Value metric.
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.
