On August 12, 2024, Keith Anderson, Director at Skyline Champion Corp (SKY, Financial), executed a sale of 30,000 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 209,324 shares of Skyline Champion Corp.
Skyline Champion Corp is engaged in the manufacturing and retail of a wide range of manufactured and modular homes, as well as mobile home parks and modular buildings for residential and commercial applications.
Over the past year, Keith Anderson has sold a total of 63,750 shares and has not made any purchases of the company's stock. 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 $83.53 on the day of the sale. The company has a market cap of approximately $4.93 billion. The price-earnings ratio of the company stands at 35.12, which is significantly higher than the industry median of 11.9 and also above the company's historical median.
The stock's valuation according to the GF Value is set at $60.96, indicating that with a current price of $83.53, Skyline Champion Corp is significantly overvalued with a price-to-GF-Value ratio of 1.37.
The GF Value is calculated considering historical trading multiples such as the 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 sale might be of interest to investors tracking insider behaviors and company valuation metrics to gauge market sentiment and potential future stock movements.
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.
