Insider Sale: Director Katherine Doyle Sells 8,954 Shares of Perrigo Co PLC

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On September 13, 2024, Director Katherine Doyle sold 8,954 shares of Perrigo Co PLC (PRGO, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 6,009 shares of the company.

Perrigo Co PLC is a leading provider of over-the-counter health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed.

Over the past year, the insider has sold a total of 8,954 shares and has not made any purchases. This recent transaction reflects a continuation of the insider's selling trend.

The insider transaction history for Perrigo Co PLC shows a pattern of more insider buys than sells over the past year, with 10 insider buys and 3 insider sells.

On the day of the sale, shares of Perrigo Co PLC were trading at $27.3. This pricing gives the company a market cap of approximately $3.79 billion.

According to the GF Value, the intrinsic value of Perrigo Co PLC is estimated at $35.33 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.77.

The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business results.

This sale could be of interest to investors tracking insider behaviors as an indicator of corporate and stock performance.

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.