Kirby Corp (KEX, Financial), a prominent player in the marine transportation and diesel engine services sectors, recently witnessed a significant transaction by one of its top executives. Christian O'Neil, the President and Chief Operating Officer of the company, sold 14,031 shares on September 18, 2024. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 12,746 shares of Kirby Corp.
Over the past year, Christian O'Neil has sold a total of 45,386 shares and has not purchased any shares. This recent sale is part of a broader trend within Kirby Corp, where there have been 30 insider sells and no insider buys over the past year.
On the day of the sale, shares of Kirby Corp were priced at $123.29, valuing the company at a market cap of approximately $7.35 billion. The price-earnings ratio of the company stands at 26.97, which is significantly higher than both the industry median of 14.04 and the company's historical median.
The stock's valuation according to the GF Value is set at $89.87, indicating a price-to-GF-Value ratio of 1.37. This suggests that Kirby Corp is currently Significantly Overvalued based on its GF Value.
The GF Value is calculated considering 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 activity and the current stock valuation metrics provide investors with critical data points for monitoring Kirby Corp's stock performance and insider trends.
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.
