On October 11, 2024, John Rosenthal, the Executive Vice President and Chief Investment Officer of Brighthouse Financial Inc (BHF, Financial), executed a sale of 4,265 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 86,262 shares of Brighthouse Financial Inc.
Brighthouse Financial Inc specializes in providing life insurance and annuity products designed to help clients protect what they have earned and ensure it lasts. The company operates primarily in the United States.
Over the past year, John Rosenthal has sold a total of 30,000 shares of Brighthouse Financial Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend observed within the company, where there have been 17 insider sells and only 1 insider buy over the last year.
Shares of Brighthouse Financial Inc were priced at $46.04 on the day of the transaction. The company has a market cap of approximately $2.88 billion. According to the GF Value, an intrinsic value estimate calculated by GuruFocus, the stock is significantly undervalued. The GF Value of $97.13 suggests a price-to-GF-Value ratio of 0.47.
The GF Value is determined by historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors, especially in the context of the company's stock valuation and market performance.
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.
