On September 11, 2024, Pascal Schweitzer, President Transit at Westinghouse Air Brake Technologies Corp (WAB, Financial), executed a sale of 2,261 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 8,372 shares of the company.
Westinghouse Air Brake Technologies Corp, known for its advanced technology and services for the freight rail and passenger transit industries, has seen a pattern in insider transactions over the past year. There have been no insider purchases but 21 insider sales, indicating a trend of share disposals by insiders.
On the valuation front, shares of Westinghouse Air Brake Technologies Corp were priced at $163.57 on the day of the sale. The company holds a market cap of approximately $29.38 billion. The price-earnings ratio stands at 29.43, which is above both the industry median and the company's historical median.
According to the GF Value, an intrinsic value estimate used by GuruFocus, Westinghouse Air Brake Technologies Corp is currently modestly overvalued with a price-to-GF-Value ratio of 1.25. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
Over the past year, Pascal Schweitzer has sold a total of 14,261 shares and has not made any purchases. This latest transaction continues a pattern of sales by the insider, reflecting ongoing activity that aligns with the broader insider selling trend at Westinghouse Air Brake Technologies Corp.
For more detailed information on the insider's trading history and the company's financial metrics, interested parties can refer to the official SEC filings.
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.