On September 18, 2024, Director Halim Dhanidina sold 1,700 shares of Fidelity National Financial Inc (FNF, Financial) at a price of $60.85 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 13,206 shares of the company.
Fidelity National Financial Inc (FNF, Financial) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company's primary business lines include title insurance, escrow, and other title-related services including collection and trust activities.
Over the past year, Halim Dhanidina has sold a total of 7,965 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 7 insider sells and no insider buys over the past year.
On the valuation front, shares of Fidelity National Financial Inc were trading at $60.85 on the day of the sale, giving the company a market cap of approximately $16.67 billion. The price-earnings ratio stands at 18.20, which is above both the industry median of 11.12 and the company's historical median.
The stock's GF Value is estimated at $44.57, indicating that the stock is currently Significantly Overvalued with a price-to-GF-Value ratio of 1.37.
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 sale might interest investors tracking insider behaviors as an indicator of the company's future prospects and valuation alignment.
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.
