On May 24, 2024, Cohen Barbe, a Director at Invitation Homes Inc (INVH, Financial), sold 7,200 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 28,068 shares of Invitation Homes Inc.
Invitation Homes Inc specializes in acquiring, renovating, leasing, and operating single-family homes as rental properties. This business model caters to the growing demand for single-family rental spaces in the United States.
Over the past year, the insider transaction history at Invitation Homes Inc shows a total of three insider sells and no insider buys. Cohen Barbe, has sold a total of 7,200 shares and has not purchased any shares during this period.
On the date of the latest transaction, shares of Invitation Homes Inc were trading at $34.58. This pricing values the company with a market cap of approximately $20.87 billion. The price-earnings ratio of the company stands at 39.16, which is above the industry median of 16.48.
The GF Value of Invitation Homes Inc is calculated at $38.09, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.91. The GF Value is an intrinsic value estimate that considers historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow.
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.
