Tamara Linde, Executive Vice President & Chief Legal Officer, sold 9,564 shares of Public Service Enterprise Group Inc (PEG, Financial) on October 9, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 48,397.435 shares of the company.
Public Service Enterprise Group Inc operates as an energy company primarily in the Northeastern and Mid- Atlantic United States. It is engaged in the generation, transmission, and distribution of electricity and natural gas. The company's subsidiaries include Public Service Electric and Gas Company (PSE&G) and PSEG Power.
Over the past year, Tamara Linde has sold a total of 38,254 shares and has not made any purchases. The insider transaction history for Public Service Enterprise Group Inc shows no insider buys in the past year, with 22 insider sells recorded over the same period.
On the date of the recent sale, shares of Public Service Enterprise Group Inc were priced at $90.61, giving the company a market cap of approximately $44.19 billion. The price-earnings ratio of the stock stands at 26.94, which is above both the industry median of 15.185 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $66.42, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.36.
The GF Value is calculated based on historical multiples such as the price-earnings ratio, 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.
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.
