On September 24, 2024, Christopher Kempczinski, Chairman and Chief Executive Officer of McDonald's Corp (MCD, Financial), executed a sale of 18,356 shares of the company. According to the SEC Filing, the transaction occurred at an average price of $300.02 per share, totaling approximately $5,507,207.12. Following this transaction, the insider now owns 43,255.8 shares of McDonald's Corp.
McDonald's Corp operates globally as a leading foodservice retailer, with over 39,000 locations in over 100 countries. More than 90% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
Over the past year, Christopher Kempczinski has sold a total of 22,290 shares of McDonald's Corp and has not made any purchases of the stock. The insider transaction history for McDonald's Corp shows a total of 25 insider sells and no insider buys over the past year.
Shares of McDonald's Corp were trading at $300.02 on the day of the transaction, giving the company a market cap of approximately $215.54 billion. The price-earnings ratio of the company stands at 26.29, which is above both the industry median of 22.62 and the historical median for the company.
The stock's valuation metrics show a GF Value of $299.65, indicating that McDonald's Corp is Fairly Valued with a price-to-GF-Value ratio of 1. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale comes at a time when McDonald's Corp's stock is perceived as fairly valued, considering both its market performance and intrinsic value estimates. The transaction might be of interest to investors tracking insider behaviors as an indicator of the company's future performance and stock valuation.
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.
