US Silica Holdings Inc (SLCA, Financial), a diversified minerals and materials company, has seen a recent insider transaction according to the latest SEC Filing. Zach Carusona, the Executive Vice President & President of Industrial & Specialty Products, has sold 42,605 shares of the company on April 26, 2024. This transaction has been part of a series of sales by the insider over the past year, with a total of 42,605 shares sold and no shares purchased.
The insider transaction history for US Silica Holdings Inc shows a lack of insider buying over the past year, with zero insider buys recorded. However, there have been four insider sells during the same period, indicating a trend of insider selling.
On the valuation front, US Silica Holdings Inc's shares were trading at $15.55 on the day of the insider's recent sale, giving the company a market cap of approximately $1.216 billion. The price-earnings ratio of the stock stands at 8.32, which is lower than the industry median of 11.315 and also below the company's historical median.
With the current price and a GF Value of $12.38, US Silica Holdings Inc has a price-to-GF-Value ratio of 1.26, suggesting that the stock is Modestly Overvalued according to GuruFocus's valuation model.
The GF Value is calculated considering historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company's past returns and growth, as well as future business performance estimates from Morningstar analysts.
The recent insider sell by EVP & President, ISP Zach Carusona adds to the data points that investors may consider when evaluating their positions in US Silica Holdings Inc (SLCA).
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.
