On October 18, 2024, Laura Scheland, Vice President and Chief Legal Officer of Oil-Dri Corp of America (ODC, Financial), executed a sale of 2,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 18,840 shares of the company.
Oil-Dri Corp of America (ODC, Financial) is known for its development, manufacture, and marketing of sorbent products. The company's products are used for cat litter, industrial and automotive fluids, and as carriers for agricultural, horticultural, and industrial chemicals.
The shares were sold at a price of $69.27, valuing the transaction at approximately $173,175. This sale is part of a broader trend observed over the past year, where there have been four insider sells and no insider buys. Over the past year, Laura Scheland has sold a total of 2,500 shares and has not purchased any shares.
The current market cap of Oil-Dri Corp of America stands at approximately $498.854 million. The stock's price-earnings ratio is 12.58, which is lower than both the industry median of 24.37 and the company’s historical median.
According to the GF Value, the intrinsic value estimate for Oil-Dri Corp of America is $40.37 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.72.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance or stock valuation adjustments. The transaction details and the company's valuation metrics provide a snapshot of the insider's recent activity and the company's financial standing in the market.
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.
