On September 30, 2024, Andrea Wong, a Director at Liberty Formula One Group (FWONK, Financial), executed a sale of 6,312 shares of the company, according to the SEC Filing. The transaction was carried out at a stock price of $49.91, totaling approximately $315,000. Following this transaction, the insider now owns 0 shares of the company.
Liberty Formula One Group (FWONK, Financial) is primarily involved in the motorsports industry, owning Formula One and other motorsports-related businesses. The company is known for its management of the Formula One racing circuit, a highly recognized brand in auto racing.
Over the past year, Andrea Wong has sold a total of 7,916 shares and has not made any purchases of the stock. This recent sale is part of a broader trend within the company, where there have been four insider sells and no insider buys over the last year.
The shares of Liberty Formula One Group were trading at $49.91 on the day of the sale, giving the company a market cap of approximately $18.76 billion. The price-earnings ratio of the company stands at 71.82, which is significantly higher than both the industry median of 17.345 and the company's historical median.
According to the GF Value, the intrinsic value of Liberty Formula One Group's stock is estimated at $101.50 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.49.
This valuation is supported by historical trading multiples such as the price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent transaction could be of interest to current and potential investors, providing insights into insider confidence and valuation perspectives within the company.
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.
