On September 16, 2024, Lizanne Gottung, a Director at Louisiana-Pacific Corp (LPX, Financial), executed a sale of 2,500 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 21,005 shares of Louisiana-Pacific Corp.
Louisiana-Pacific Corp, a leading manufacturer of building solutions, innovates for high-performance building and outdoor living products. The company's offerings include oriented strand board (OSB), engineered wood products, and siding for residential, industrial, and light commercial applications.
Over the past year, Lizanne Gottung has sold a total of 11,904 shares and has not purchased any shares. This recent transaction is part of a broader trend observed over the past year at Louisiana-Pacific Corp, where there have been 10 insider sells and no insider buys.
Shares of Louisiana-Pacific Corp were priced at $98.3 on the day of the sale. The company's market cap is approximately $7.14 billion. The price-earnings ratio stands at 16.51, which is above both the industry median of 15.24 and the company’s historical median.
The stock is currently considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.52. The GF Value of $64.77 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics.
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.
