On August 28, 2024, Byron Spruell, Director at Aon PLC (AON, Financial), purchased 725 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 5,302.846 shares of Aon PLC.
Aon PLC is a global professional services firm providing a broad range of risk, retirement, and health solutions. The company's expertise helps clients to mitigate risk and maximize health and retirement benefits.
The shares were bought at a price of $340.08 each, valuing the transaction at approximately $247,308. This purchase reflects a continued trend of insider buying activity at Aon PLC, where there have been three insider buys and nine insider sells over the past year.
With a market cap of approximately $74.61 billion, Aon PLC is a significant player in its industry. The stock's price-earnings ratio stands at 27.45, which is above both the industry median of 11.41 and the company's historical median.
According to the GF Value, the intrinsic value of Aon PLC's stock is estimated at $369.18 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 0.92. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider purchase might indicate a belief in the firm's ongoing value and stability, considering the current share price and comprehensive valuation metrics.
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.
