On September 17, 2024, William Gehl, Director at FreightCar America Inc (RAIL, Financial), executed a sale of 10,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 147,608 shares of FreightCar America Inc.
FreightCar America Inc is engaged in the manufacture of railroad freight cars, with products designed to transport a wide range of goods across the United States. The company also provides railcar leasing and refurbishment services to the freight industry.
Over the past year, the insider has sold a total of 22,500 shares and has not made any purchases. This recent sale continues a trend observed over the past year, where there have been three insider sells and only one insider buy within the company.
Shares of FreightCar America Inc were trading at $10.83 on the day of the transaction. The company currently holds a market cap of approximately $202.576 million.
According to the GF Value, the intrinsic value estimate for FreightCar America Inc is $4.72 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 2.29. The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics against its current market performance.
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.
