Insider Sale: Director Nancy Calderon Sells 2,500 Shares of Belden Inc (BDC)

Article's Main Image

On August 5, 2024, Nancy Calderon, Director at Belden Inc (BDC, Financial), executed a sale of 2,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 6,954 shares of Belden Inc.

Belden Inc, a global leader in signal transmission solutions for mission-critical applications, is involved in the design, manufacture, and marketing of products for the industrial, enterprise, and broadcast markets. The company's comprehensive product portfolio includes cable, connectivity, and networking products.

Over the past year, Nancy Calderon has sold a total of 2,500 shares and has not made any purchases of the company's stock. The insider transaction history for Belden Inc shows a trend with 1 insider buy and 6 insider sells over the past year.

Shares of Belden Inc were trading at $95.98 on the day of the transaction. The company has a market cap of approximately $3.999 billion. The price-earnings ratio of Belden Inc stands at 20.85, which is below the industry median of 22.49 and also lower than the company’s historical median.

The stock's valuation according to the GF Value is $76.81, indicating that with a current price of $95.98, Belden Inc is modestly overvalued with a price-to-GF-Value ratio of 1.25.

1820882684109549568.png

1820882699401981952.png

The GF Value is calculated considering historical multiples such as the price-earnings ratio, 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 sale by the insider may be of interest to current and potential investors, providing insight into how insiders are interacting with their holdings in Belden 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.