Insider Sale: Director Brian Truelove Sells 3,000 Shares of Bristow Group Inc (VTOL)

Article's Main Image

On August 9, 2024, Brian Truelove, Director at Bristow Group Inc (VTOL, Financial), executed a sale of 3,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now directly owns 33,504 shares in the company.

Bristow Group Inc operates as a provider of industrial aviation services, offering transportation, search and rescue, and aircraft support services to government and civil organizations worldwide.

The shares were sold at a price of $37.09 each, totaling $111,270. The sale occurred when Bristow Group Inc's stock was trading at a market cap of approximately $1.08 billion. The company's price-earnings ratio stands at 35.59, which is above the industry median of 11.04.

According to the GF Value, the intrinsic value of Bristow Group Inc is estimated at $31.28 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.19.

1822030879124516864.png

Over the past year, the insider transaction history at Bristow Group Inc shows a total of 17 insider sells and no insider buys. This trend in insider activity can often provide insight into the sentiment within the company's leadership.

1822030863966302208.png

For more detailed information on insider trades at Bristow Group Inc, interested parties can refer to the official SEC filings.

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.