On September 16, 2024, Lauren States, a Director at Clean Harbors Inc (CLH, Financial), sold 309 shares of the company at a price of $244.09 per share. The transaction, detailed in the SEC Filing, resulted in a total sale amount of $75,423.81. Following this transaction, the insider now owns 13,458 shares of Clean Harbors Inc.
Clean Harbors Inc is a provider of environmental, energy, and industrial services, including hazardous waste disposal, emergency spill response, and various other environmental services.
Over the past year, Lauren States has engaged in multiple transactions involving the company's stock. The insider has sold a total of 1,457 shares and has not purchased any shares. This recent sale continues a trend observed within the company, where there have been 14 insider sells and no insider buys over the past year.
As of the date of the recent transaction, shares of Clean Harbors Inc were trading at $244.09, giving the company a market cap of approximately $13.21 billion. The price-earnings ratio of the company stands at 33.82, which is above both the industry median of 19.465 and the company's historical median.
According to the GF Value, an intrinsic value estimate used by GuruFocus, Clean Harbors Inc is currently significantly overvalued with a price-to-GF-Value ratio of 1.47. The GF Value is calculated based on historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of company performance and valuation discrepancies.
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.
