On September 12, 2024, Britton Smith, President of Blue Bird Corp (BLBD, Financial), executed a sale of 2,508 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 80,617 shares of Blue Bird Corp.
Blue Bird Corp, listed under the symbol BLBD, is a prominent manufacturer of school buses and related parts in the United States. The company is known for its focus on safety, quality, and sustainability, particularly through its developments in propane and compressed natural gas powered buses.
Over the past year, the insider has sold a total of 11,244 shares and has not made any purchases. This recent sale is part of a broader trend observed within Blue Bird Corp, where there have been 19 insider sells and no insider buys over the past year.
On the day of the sale, shares of Blue Bird Corp were trading at $49.81. This pricing gives the company a market cap of approximately $1.62 billion. The price-earnings ratio of the company stands at 16.57, which is above the industry median of 12.82.
According to the GF Value, an intrinsic value estimate used by GuruFocus, Blue Bird Corp is significantly overvalued with a price-to-GF-Value ratio of 1.86. The GF Value of $26.78 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This sale by the insider might be of interest to investors tracking insider behaviors as an indicator of company performance and valuation perspectives.
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.
