Director Kirsten Volpi Sells Shares of Tetra Tech Inc (TTEK)

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On September 10, 2024, Kirsten Volpi, a Director at Tetra Tech Inc (TTEK, Financial), sold 1,950 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 63,790 shares of Tetra Tech Inc.

Tetra Tech Inc (TTEK, Financial) is a prominent provider of consulting and engineering services. The company specializes in water, environment, infrastructure, resource management, energy, and international development solutions. Its services support government and commercial clients by providing innovative solutions to complex problems in water, environment, infrastructure, resource management, energy, and international development.

Over the past year, Kirsten Volpi has sold a total of 4,737 shares of Tetra Tech Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 20 insider sells and no insider buys over the past year.

On the day of the sale, shares of Tetra Tech Inc were trading at $46, 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. This ratio also exceeds the historical median price-earnings ratio of the company.

According to the GF Value, which is an intrinsic value estimate used by GuruFocus, Tetra Tech Inc has a GF Value of $36.67. With the current price of $46, the price-to-GF-Value ratio is 1.25, indicating that the stock is modestly overvalued.

The GF Value is calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from Morningstar analysts.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.