On September 16, 2024, Lauren States, Director at Clean Harbors Inc (CLH, Financial), executed a sale of 309 shares of the company at a price of $244.09 per share. This transaction was reported in a recent SEC Filing. Following this sale, the insider now directly owns 13,458 shares of Clean Harbors Inc.
Clean Harbors Inc is a provider of environmental, energy, and industrial services, including hazardous waste disposal, emergency spill response, and various other environmental services.
Over the past year, Lauren States has sold a total of 1,766 shares of Clean Harbors Inc and has not purchased any shares. This recent transaction continues a trend observed over the past year, where there have been no insider buys but 15 insider sells within the company.
The shares of Clean Harbors Inc were trading at $244.09 on the day of the transaction, giving the company a market cap of approximately $13.32 billion. The price-earnings ratio of the company stands at 34.08, which is above both the industry median of 19.38 and the company's historical median.
According to the GF Value, the intrinsic value of Clean Harbors Inc is estimated at $166.57 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.47.
This valuation is based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent transaction could be of interest to current and potential investors, providing insights into insider confidence and valuation metrics of Clean Harbors Inc.
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.
