Insider Sale: Director Sidney Deboer Sells Shares of Lithia Motors Inc (LAD)

On September 13, 2024, Sidney Deboer, a Director at Lithia Motors Inc (LAD, Financial), sold 10,777 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 35,352 shares of Lithia Motors Inc.

Lithia Motors Inc operates as an automotive retailer in the United States. The company offers new and used vehicles, vehicle financing, warranties, insurance, and vehicle repair and maintenance services. It is one of the largest automotive retailers in the United States.

Over the past year, Sidney Deboer has sold a total of 22,715 shares of Lithia Motors Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend observed over the past year, where there have been seven insider sells and no insider buys at Lithia Motors Inc.

On the day of the sale, shares of Lithia Motors Inc were priced at $275.93. This pricing gives the company a market cap of approximately $7.52 billion. The price-earnings ratio of the company stands at 9.08, which is lower than both the industry median of 15.115 and the historical median for the company.

According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Lithia Motors Inc is currently modestly undervalued. The GF Value of $345.21 suggests a price-to-GF-Value ratio of 0.8. This valuation considers historical trading multiples, adjustments based on past performance, and future business performance estimates provided by Morningstar analysts.

This insider sale and the current valuation metrics provide investors with updated insights into the trading activities and financial health of Lithia Motors Inc.

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.