On September 16, 2024, Christopher Kempczinski, Chairman and Chief Executive Officer of McDonald's Corp (MCD, Financial), executed a sale of 3,934 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $300 per share. Following this transaction, the insider now owns 61,611.8 shares of McDonald's Corp.
McDonald's Corp operates and franchises McDonald's restaurants, which serve a locally-relevant menu of food and beverages in more than 100 countries. The company is known for its burgers, breakfast items, and global presence, making it one of the largest fast-food chains in the world.
Over the past year, Christopher Kempczinski has sold a total of 9,540 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within McDonald's Corp, where there have been 24 insider sells and no insider buys over the past year.
The shares of McDonald's Corp were trading at $300 on the day of the sale, giving the company a market cap of approximately $209.49 billion. The price-earnings ratio of the company stands at 25.55, which is above both the industry median of 21.89 and the historical median for the company.
According to the GF Value, the intrinsic value of McDonald's Corp's stock is estimated at $299.40, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1. The GF Value 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 insider behaviors as an indicator of confidence levels regarding the company's current valuation and future prospects.
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.
