On May 9, 2024, Thomas Gilligan, Director at KB Home (KBH, Financial), executed a sale of 3,914 shares of the company. The transaction was filed on the same day with the SEC.
KB Home (KBH, Financial) is a well-known homebuilding company in the United States. It constructs and sells a variety of new homes, including attached and detached single-family homes, townhomes, and condominiums. These homes are designed primarily for first-time, move-up, and active adult buyers.
Following this transaction, the insider transaction history for KB Home (KBH, Financial) over the past year indicates a total of 16 insider sells and no insider buys. The insider, Thomas Gilligan, has sold a total of 3,914 shares over the past year and has not purchased any shares.
On the valuation front, KB Home (KBH, Financial) had a market cap of approximately $5.32 billion as of the latest trading price of $70.48. The price-earnings ratio stood at 9.54, below both the industry median of 11.075 and the company's historical median.
The stock's current price of $70.48 compares to a GuruFocus Value (GF Value) of $51.17, indicating a price-to-GF Value ratio of 1.38. This suggests that KB Home (KBH, Financial) is significantly overvalued based on its GF Value.
The GF Value is calculated considering historical multiples such as price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
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.
