Insider Sale: Nathan Manning Sells 3,000 Shares of Johnson Controls International PLC (JCI)

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Oct 03, 2024
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Nathan Manning, COO of Global Field Operations at Johnson Controls International PLC (JCI, Financial), executed a sale of 3,000 shares of the company on October 1, 2024. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 140,487.86 shares of Johnson Controls International PLC.

Johnson Controls International PLC is a global leader in building products and technology, integrated solutions, and energy storage. This company operates in various sectors including building management, HVAC systems, and security solutions for buildings.

Over the past year, Nathan Manning has sold a total of 9,502 shares and has not purchased any shares. The insider transaction history for Johnson Controls International PLC shows no insider buys in the past year, with 29 insider sells recorded during the same period.

On the date of the latest sale, shares of Johnson Controls International PLC were trading at $77.08, giving the company a market cap of approximately $51.15 billion. The price-earnings ratio of the company stands at 32.04, which is above both the industry median of 16.03 and the company's historical median.

The stock's GF Value is estimated at $67.54, indicating that with a trading price of $77.08, Johnson Controls International PLC is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.14.

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

This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at Johnson Controls International PLC.

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.