Insider Sale: Director John Mclean Sells Shares of Toll Brothers Inc (TOL)

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On September 26, 2024, John Mclean, Director at Toll Brothers Inc (TOL, Financial), executed a sale of 1,000 shares of the company. The transaction was reported through an SEC Filing. Following this transaction, the insider now directly owns 9,944 shares in the company.

Toll Brothers Inc (TOL, Financial) is a recognized home construction company, primarily engaged in the design, construction, and sale of luxury homes in major metropolitan areas in several states across the USA.

Over the past year, the insider has sold a total of 4,863 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.

Shares of Toll Brothers Inc were priced at $151.1 on the day of the sale. The company's market cap is approximately $15.686 billion. The price-earnings ratio of the company stands at 10.71, which is below both the industry median of 12.63 and the company’s historical median.

The stock is currently considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.83. The GF Value of $82.59 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.

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This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance or stock valuation adjustments.

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.