Lantheus Holdings Inc (NASDAQ:LNTH), a company specializing in the development, manufacture, and commercialization of innovative diagnostic imaging agents and products that assist clinicians in the diagnosis of cardiovascular and other diseases, has reported an insider sell transaction. According to a recent SEC filing, President Paul Blanchfield sold 18,023 shares of the company on March 7, 2024.
Over the past year, the insider has sold a total of 22,931 shares and has not made any purchases of the company's stock. This latest transaction continues a trend observed within the company, where insider sells have outnumbered buys over the past year. Specifically, there have been 32 insider sells and no insider buys reported for Lantheus Holdings Inc during this period.
On the date of the transaction, shares of Lantheus Holdings Inc were trading at $61.96, valuing the company at a market cap of $4.297 billion. The company's price-earnings ratio stands at 13.52, which is below both the industry median of 23 and the historical median price-earnings ratio for Lantheus Holdings Inc.
The stock's valuation relative to the GuruFocus Value (GF Value) indicates that Lantheus Holdings Inc is significantly undervalued. With a share price of $61.96 and a GF Value of $91.55, the price-to-GF-Value ratio is 0.68. 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 selling activity by insiders at Lantheus Holdings Inc.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value, as estimated by GuruFocus.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's valuation and future prospects. While the reasons behind an insider's decision to sell can vary and may not necessarily be related to the company's performance, a consistent pattern of insider sales can sometimes raise questions among market participants.
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.
