Insider Sale: Ducommun Inc (DCO) CEO Stephen Oswald Sells 1,200 Shares

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On September 20, 2024, Stephen Oswald, Chairman, President & Chief Executive Officer of Ducommun Inc (DCO, Financial), sold 1,200 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 341,151 shares of Ducommun Inc.

Ducommun Inc is engaged in the manufacturing of aerostructures and engineered products for the aerospace, defense, and industrial markets. The company's offerings include structural and electronic components and assemblies, as well as engineered products for high-cost-of-failure applications.

Over the past year, Stephen Oswald has sold a total of 3,200 shares of Ducommun Inc and has not made any purchases of the stock. This recent sale continues a trend observed over the past year, where there have been six insider sells and no insider buys.

On the day of the sale, shares of Ducommun Inc were trading at $66.32. This pricing values the company with a market cap of approximately $964.091 million. The price-earnings ratio of the company stands at 42.45, which is above both the industry median of 33.045 and the historical median for the company.

According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Ducommun Inc is significantly overvalued. The GF Value of $46.76, when compared to the current price, results in a price-to-GF-Value ratio of 1.42.

The GF Value is determined by historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted based on past returns and growth, and future business performance estimates from analysts.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.