On September 16, 2024, Linda Harty, a Director at Chart Industries Inc (GTLS, Financial), purchased 5,000 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's holdings to 10,640 shares.
Chart Industries Inc (GTLS, Financial) specializes in the manufacturing of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets. The company's products are used throughout the liquid gas supply chain for the purification, liquefaction, distribution, storage, and end-use of gases.
Over the past year, the insider has purchased a total of 8,000 shares and has not sold any shares. This recent acquisition is part of a broader trend at Chart Industries Inc, where there have been 10 insider buys and no insider sells over the past year.
On the day of the transaction, shares of Chart Industries Inc were priced at $48.05. The company has a market cap of approximately $5.02 billion. The price-earnings ratio stands at 57.50, significantly above both the industry median of 21.21 and the company's historical median.
According to the GF Value, an intrinsic value estimate by GuruFocus, Chart Industries Inc has a price-to-GF-Value ratio of 0.16, suggesting that the stock might be a possible value trap, and investors should think twice before investing based on its GF Value of $302.91.
The GF Value is calculated considering historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
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.
