Nicholas Studer, President and CEO of Oliver Wyman Group, a subsidiary of Marsh & McLennan Companies Inc (MMC, Financial), has sold 1,021 shares of the company on February 29, 2024, according to a recent SEC filing. The transaction was executed at an average price of $201.9 per share, resulting in a total value of $206,139.9.
Over the past year, the insider has sold a total of 1,021 shares of Marsh & McLennan Companies Inc and has not made any purchases of the stock. The company's insider transaction history reveals a pattern of 11 insider sells and no insider buys over the same timeframe.
Marsh & McLennan Companies Inc, with a market cap of $99.31 billion, is a global professional services firm offering clients advice and solutions in risk, strategy, and people. The company operates through two segments: Risk and Insurance Services, which provides risk management services, insurance and reinsurance broking, and consulting; and Consulting, which offers health, wealth, and career services, as well as management, economic, and brand consulting services.
The stock's price-earnings ratio stands at 26.83, surpassing the industry median of 12.425 and the company's historical median price-earnings ratio. This indicates that the stock is trading at a higher valuation compared to its peers and its own historical valuation.
On the valuation front, Marsh & McLennan Companies Inc's shares were trading at $201.9 on the day of the insider's sale. The stock's price-to-GF-Value ratio is 1.04, suggesting that it is Fairly Valued in relation to its GF Value of $194.18. 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.
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.
