On July 12, 2024, Lawrence Ricketts, the Executive Vice President and Chief Operating Officer of One Liberty Properties Inc (OLP, Financial), sold 4,791 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 187,309.863 shares of One Liberty Properties Inc.
One Liberty Properties Inc is a real estate investment trust that acquires, owns, and manages a portfolio of diversified properties leased primarily to commercial tenants under long-term net leases.
Over the past year, Lawrence Ricketts has sold a total of 9,455 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend seen within the company, where there have been 10 insider sells and no insider buys over the past year.
Shares of One Liberty Properties Inc were trading at $24.14 on the day of the sale, giving the company a market cap of $513.803 million. The price-earnings ratio of the stock stands at 18.35, which is above both the industry median of 16.92 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $24.99, suggesting that One Liberty Properties Inc is Fairly Valued with a price-to-GF-Value ratio of 0.97.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This insider sale might interest investors tracking ownership changes and evaluating the company's current stock valuation in relation to its historical performance and industry standards.
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.
