On September 11, 2024, Director Kimberly Ritrievi sold 6,500 shares of Tetra Tech Inc (TTEK, Financial) at a price of $46.48 per share. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 143,200 shares of the company.
Tetra Tech Inc (TTEK, Financial) is a leading provider of high-end consulting and engineering services. The company specializes in water, environment, infrastructure, resource management, energy, and international development solutions. Its services are crucial for clients who manage complex projects that require innovative approaches to problem-solving.
Over the past year, Kimberly Ritrievi has sold a total of 6,500 shares and has not purchased any shares. The insider transaction history for Tetra Tech Inc (TTEK, Financial) shows a total of 20 insider sells and no insider buys over the same timeframe.
On the day of the sale, shares of Tetra Tech Inc (TTEK, Financial) were trading at $46.48, giving the company a market cap of approximately $12.33 billion. The price-earnings ratio of the company stands at 42.57, which is significantly higher than the industry median of 15.155 and above the company’s historical median.
The stock is currently considered Modestly Overvalued with a price-to-GF Value ratio of 1.27, based on a GF Value of $36.67. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sell event might interest investors tracking insider behaviors and evaluating the stock’s current valuation metrics in the context of recent market activities.
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.
