On May 9, 2024, Jeffrey Strom, Executive Vice President of Building Materials Distribution at Boise Cascade Co (BCC, Financial), sold 2,500 shares of the company. The transaction was reported in a recent SEC Filing.
Boise Cascade Co (BCC, Financial) is a manufacturer and distributor of wood products and building materials. The company operates through two main segments: Wood Products and Building Materials Distribution, providing a range of products and services to the construction industry.
Following this transaction, the insider's total sales over the past year amount to 4,554 shares, with no recorded purchases in the same period. This sale is part of a broader trend observed at Boise Cascade Co, where there have been 15 insider sells and no insider buys over the past year.
Shares of Boise Cascade Co were trading at $135 on the day of the sale, giving the company a market cap of approximately $5.34 billion. The price-earnings ratio of the stock stands at 10.99, below both the industry median of 16.56 and the company's historical median.
According to the GF Value, the intrinsic value of Boise Cascade Co's stock is estimated at $63.86, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 2.11.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking ownership changes and valuation metrics within the building materials industry.
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.
