Insider Sell: President and CEO Turner John C JR Sells 6,266 Shares of GMS Inc (GMS)

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GMS Inc (GMS, Financial), a leading North American distributor of wallboard, suspended ceiling systems, and complementary construction products, has reported an insider sell according to a recent SEC filing. President and CEO Turner John C JR sold 6,266 shares of the company on March 21, 2024. The transaction was disclosed in an SEC Filing.

Over the past year, the insider has sold a total of 37,369 shares of GMS Inc and has not made any purchases of the stock. The recent sell by the insider is part of a trend observed over the past year, where there have been 20 insider sells and no insider buys.

On the date of the reported sell, shares of GMS Inc were trading at $97.58, resulting in a market capitalization of $3.848 billion. The company's price-earnings ratio stands at 13.53, which is below both the industry median of 15.31 and the company's historical median price-earnings ratio.

The stock's price-to-GF-Value ratio is 1.34, with a current trading price of $97.58 and a GF Value of $72.58. This indicates that GMS Inc is significantly overvalued according to the GF Value metric.

The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

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The insider trend image above reflects the recent selling activity by insiders at GMS Inc.

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The GF Value image provides a visual representation of the stock's valuation in comparison to its intrinsic value estimate.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.