On September 6, 2024, Sanjeev Dheer, Director at Primerica Inc (PRI, Financial), sold 800 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 4,458.5482 shares of Primerica Inc. The shares were sold at a price of $255.51, valuing the transaction at approximately $204,408.
Primerica Inc (PRI, Financial) is a leading provider of financial services to middle-income households in the United States and Canada. The company offers products and services for life insurance, mutual funds, annuities, and other financial products which are designed to help clients achieve financial security and independence.
Over the past year, Sanjeev Dheer has sold a total of 800 shares of Primerica Inc and has not made any purchases. The insider transaction history for Primerica Inc shows a trend with 0 insider buys and 13 insider sells over the same timeframe.
Currently, Primerica Inc has a market cap of approximately $8.63 billion. The stock's price-earnings ratio is 20.43, which is above both the industry median of 11.2 and the company’s historical median.
According to the GF Value, the intrinsic value estimate for Primerica Inc is $214.03 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.19.
The GF Value is calculated based on historical trading multiples, an adjustment factor based on the company’s past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
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.
