Kellie Logerwell, Vice President and Chief Accounting Officer of H&R Block Inc (HRB, Financial), sold 8,000 shares of the company on September 16, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 18,474.346 shares of H&R Block Inc.
Over the past year, Kellie Logerwell has sold a total of 17,846 shares of H&R Block Inc and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 9 insider sells and no insider buys over the past year.
H&R Block Inc, a company known for providing tax preparation and related services to the general public, is currently valued at a market cap of $8.864 billion. On the date of the sale, shares of H&R Block Inc were trading at $64.41. This pricing positions the company with a price-earnings ratio of 15.05, which is below the industry median of 16.67.
Despite the lower price-earnings ratio, the stock appears to be significantly overvalued when considering the GF Value, which is set at $45.07. The price-to-GF-Value ratio stands at 1.43, indicating that the stock is trading above its intrinsic value as estimated by GuruFocus.
The GF Value is calculated based on historical trading multiples such as 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 insider sale might draw attention from investors, especially considering the stock's current valuation metrics and the ongoing trends in insider transactions at H&R Block 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.
