Insider Sale: Director John Sorte Sells Shares of Vail Resorts Inc (MTN)

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3 days ago
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On October 2, 2024, John Sorte, Director of Vail Resorts Inc (MTN, Financial), executed a sale of 1,670 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 45,111 shares of Vail Resorts Inc.

Vail Resorts Inc operates in the leisure industry, primarily focusing on the operation of ski resorts. The company's portfolio includes various well-known ski areas in the United States, including Vail, Beaver Creek, Breckenridge, and Keystone in Colorado, as well as Park City in Utah, among others. The company also has a presence in the hospitality and real estate sectors related to its resort operations.

Shares of Vail Resorts Inc were priced at $173.07 on the day of the transaction. The company's market cap is approximately $6.59 billion. The price-earnings ratio stands at 29.17, which is above the industry median of 19.28.

The GF Value for Vail Resorts Inc is $264.87, indicating a price-to-GF-Value ratio of 0.65. This suggests that the stock might be a possible value trap, and investors should think twice before making an investment decision based on the GF Value assessment.

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Over the past year, there has been a total of 1 insider buy and 4 insider sells at Vail Resorts Inc. The insider transaction history reflects a trend where sells outnumber buys among the insiders.

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John Sorte's recent sale aligns with the broader insider selling trend observed at Vail Resorts Inc over the past year. Investors and stakeholders monitoring insider activities will note that the insider now holds a significant number of shares, maintaining a vested interest in the company's performance despite the recent sale.

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.

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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.