Martin Connor, Chief Financial Officer of Toll Brothers Inc (TOL, Financial), sold 5,000 shares of the company on September 27, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 9,721 shares of the company.
Toll Brothers Inc (TOL, Financial) is a leading builder of luxury homes in the United States. The company's operations include the design, construction, and sale of single-family detached and attached homes in luxury residential communities.
Over the past year, Martin Connor has sold a total of 95,565 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 27 insider sells and no insider buys over the past year.
On the day of the sale, shares of Toll Brothers Inc were trading at $155.44, giving the company a market cap of approximately $15.69 billion. The price-earnings ratio of the stock stands at 10.71, which is below both the industry median of 12.63 and the company's historical median.
The stock's valuation, according to the GF Value, is considered Significantly Overvalued with a price-to-GF-Value ratio of 1.88. The GF Value of $82.59 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and stock valuation. The consistent pattern of insider sales over the past year, coupled with the current stock valuation metrics, could provide insights into the company's financial and market positioning.
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.
