On September 18, 2024, Charles Dutil, a Director at REV Group Inc (REVG, Financial), sold 12,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 41,628 shares of REV Group Inc.
REV Group Inc is a manufacturer of specialty vehicles, including buses, ambulances, and recreational vehicles. The company operates through several branded divisions, focusing on vehicles for public safety, commercial infrastructure, and recreational activities.
Over the past year, Charles Dutil has sold a total of 12,500 shares and has not purchased any shares. This recent sale is part of a broader trend within REV Group Inc, where there have been three insider sells and no insider buys over the past year.
On the day of the sale, shares of REV Group Inc were trading at $28.5. This pricing values the company with a market cap of approximately $1.44 billion. The price-earnings ratio of the company stands at 6.66, which is below both the industry median of 12.63 and the historical median for the company.
According to the GF Value, the intrinsic value estimate for REV Group Inc is $15.93 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.79. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This sale by Charles Dutil might interest investors tracking insider behaviors, especially considering the stock's current valuation metrics and the overall insider selling trend at REV Group 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.
