Westinghouse Air Brake Technologies Corp (WAB, Financial), known for providing technology-based equipment and services for the global freight and transit rail industries, has reported an insider selling event. According to a recent SEC filing, Nicole Theophilus, the company's Executive Vice President & Chief Human Resources Officer, sold 2,668 shares of the company on March 15, 2024.
Nicole Theophilus’s transaction history over the past year indicates a total sale of 5,668 shares and no recorded purchases of the company's stock. This latest transaction continues a trend observed within the company's insider activity.
The insider transaction history for Westinghouse Air Brake Technologies Corp shows a pattern of insider sales, with 16 insider sells and no insider buys over the past year.
On the valuation front, Westinghouse Air Brake Technologies Corp shares were trading at $140.46 on the day of the insider's recent sale, resulting in a market cap of $25.026 billion. The price-earnings ratio stands at 31.28, which is above both the industry median of 13.77 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.18, with a GF Value of $119.00, indicating that Westinghouse Air Brake Technologies Corp is currently modestly overvalued. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
For investors monitoring insider trends and valuation metrics, these data points provide a snapshot of the company's recent insider activity and current stock valuation status.
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.
