Director Welsh Mark A III sold 33 shares of Northrop Grumman Corp (NOC, Financial) on October 7, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 4,221 shares of the company.
Northrop Grumman Corp (NOC, Financial) is a global aerospace and defense technology company that provides systems, products, and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide.
Over the past year, Welsh Mark A III has engaged in multiple transactions, selling a total of 100 shares and purchasing none. This latest transaction continues a trend observed within the company, where there have been 15 insider sells and no insider buys over the past year.
Shares of Northrop Grumman Corp were priced at $535.6 on the day of the transaction. The company's market cap is approximately $77.90 billion. The price-earnings ratio of the company stands at 34.68, slightly below the industry median of 34.76 but above the historical median for the company.
The stock's valuation according to GF Value is $516.86, leading to a price-to-GF-Value ratio of 1.04, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This insider selling activity could be of interest to investors monitoring insider behaviors and the valuation metrics of Northrop Grumman Corp.
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.
