Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software for scientific research, as well as laboratory, food safety, and environmental testing, has reported an insider sale according to a recent SEC filing. Director Linda Baddour sold 500 shares of the company on March 13, 2024.
Linda Baddour’s transaction history over the past year shows a total of 500 shares sold and no shares purchased. This latest transaction continues the trend of insider sales at Waters Corp, with a total of 2 insider sells and no insider buys over the past year.
On the date of the insider's recent sale, shares of Waters Corp were trading at $355.54, valuing the company at a market cap of $20.311 billion. The price-earnings ratio of the company stands at 31.62, which is above both the industry median of 29.02 and the historical median for Waters Corp.
The stock's valuation in relation to the GuruFocus Value indicates that Waters Corp is Fairly Valued. The price-to-GF-Value ratio is 1.02, with the GF Value estimated at $348.33 per share. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent sale may attract the attention of investors monitoring insider behaviors as an indicator of company performance and future stock movement. However, it is important to consider a wide range of factors when evaluating the potential implications of insider transactions.
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.
