On August 9, 2024, Timothy Larson, Chief Growth Officer of Skyline Champion Corp (SKY, Financial), sold 5,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now directly owns 43,300 shares of the company.
Skyline Champion Corp (SKY, Financial) is a leader in the manufacturing and retail of factory-built homes in North America. The company's offerings include manufactured homes, modular homes, park model RVs, and modular buildings for the multi-family, hospitality, senior, and workforce housing sectors.
Over the past year, Timothy Larson has engaged in multiple transactions involving the company's stock. The insider has sold a total of 9,000 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 11 insider sells and no insider buys over the past year.
Shares of Skyline Champion Corp were trading at $83 on the day of the sale. The company currently has a market cap of approximately $4.93 billion. The price-earnings ratio of the stock stands at 35.12, which is significantly higher than both the industry median of 11.9 and the company's historical median.
The stock's valuation according to the GF Value is $60.96, indicating that with a trading price of $83, Skyline Champion Corp is considered Significantly Overvalued with a price-to-GF-Value ratio of 1.36.
The GF Value is calculated based on historical trading multiples like 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 insider sell event and the current valuation metrics provide investors with updated data points to consider in their analysis of Skyline Champion Corp's stock and its market position.
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.
