Insider Sale: EVP and CFO Marc Vandiepenbeeck Sells Shares of Johnson Controls International PLC (JCI)

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On October 21, 2024, Marc Vandiepenbeeck, Executive Vice President and Chief Financial Officer of Johnson Controls International PLC (JCI, Financial), sold 186 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 83,330.25 shares of Johnson Controls International PLC.

Johnson Controls International PLC is a global leader in building products and technology, integrated solutions, and energy storage. This company operates in various sectors including building management, HVAC systems, and security technologies for buildings.

Over the past year, Marc Vandiepenbeeck has sold a total of 3,723 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 31 insider sells and no insider buys over the past year.

Shares of Johnson Controls International PLC were trading at $77.47 on the day of the transaction. The company's market cap is approximately $51.55 billion. The price-earnings ratio stands at 32.29, which is above both the industry median of 15.75 and the company's historical median.

According to the GF Value, the intrinsic value of the stock is estimated at $66.37, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.17.

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The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus based on the company's past performance, and future business performance estimates provided by Morningstar analysts.

This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and stock valuation adjustments.

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.

Disclosures

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.