On June 14, 2024, Jeffrey Hurd, Chief Operating Officer of Equitable Holdings Inc (EQH, Financial), sold 9,969 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 121,520.84 shares of Equitable Holdings Inc.
Equitable Holdings Inc operates as a diversified financial services company in the United States. The company offers a range of financial advisory, asset management, and insurance solutions, catering to the needs of its clients through its various subsidiaries.
Over the past year, Jeffrey Hurd has sold a total of 49,845 shares of Equitable Holdings Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend observed over the last year, where there have been 19 insider sells and no insider buys.
Shares of Equitable Holdings Inc were trading at $39.62 on the day of the sale. The company has a market cap of approximately $13.02 billion. The price-earnings ratio of the stock is 12.39, which is above the industry median of 11.16.
The GF Value of Equitable Holdings Inc is $40.43, indicating a price-to-GF-Value ratio of 0.98. This suggests that the stock is Fairly Valued based on its GF Value, which considers historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
The insider trend for Equitable Holdings Inc shows a preference for selling over buying among insiders, which could be an area of interest for investors monitoring insider behaviors.
This valuation and insider activity could be crucial for investors looking for insights into the financial health and insider sentiment of Equitable Holdings Inc.
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.
