On September 13, 2024, Russell Shaller, the President & CEO of Brady Corp (BRC, Financial), executed a significant transaction by selling 12,547 shares of the company. The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 102,905 shares of Brady Corp.
Brady Corp (BRC, Financial) is a manufacturer of solutions that identify and protect premises, products, and people. Its products include high-performance labels and signs, safety devices, printing systems and software, and precision die-cut materials. These products are used in various industries, including telecommunications, manufacturing, electrical, construction, education, medical, aerospace, and a variety of other industries.
Over the past year, the insider transaction history at Brady Corp shows a trend of more sales than purchases among insiders. There have been 9 insider sales and no insider buys. This latest sale by Russell Shaller aligns with the ongoing pattern observed within the company.
On the valuation front, Brady Corp shares were trading at $73.08 on the day of the sale. The company has a market cap of approximately $3.56 billion. The price-earnings ratio stands at 18.35, slightly above the industry median but below the company's historical median.
According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of stocks, Brady Corp is currently modestly overvalued with a price-to-GF-Value ratio of 1.26. The GF Value of $57.79 suggests a premium compared to the current trading price.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance or stock valuation adjustments.
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.
