On October 25, 2024, Joseph Mcclanathan, a Director at Brunswick Corp (BC, Financial), executed a sale of 4,745 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now directly owns 19,218 shares of Brunswick Corp.
Brunswick Corp, headquartered in Mettawa, Illinois, is a global leader in the design, manufacture, and marketing of recreational marine products. The company's portfolio includes marine engines, boat brands, and parts and accessories for the marine and recreational vehicle markets.
The shares were sold at a price of $80.14, valuing the transaction at approximately $380,064.30. This sale contributes to a total of 4,745 shares sold by Joseph Mcclanathan over the past year, with no shares purchased during the same period.
The insider transaction history at Brunswick Corp shows a trend of more sales than purchases among insiders. Over the past year, there have been 10 insider sales and no insider buys. This pattern of behavior can be visualized in the following insider trend image:
Regarding the company's valuation metrics, Brunswick Corp has a market cap of approximately $5.413 billion. The stock's price-earnings ratio is 20.33, which is above both the industry median of 16.35 and the company's historical median.
The current stock price of $80.14, compared to the GF Value of $73.14, indicates that Brunswick Corp is modestly overvalued with a price-to-GF-Value ratio of 1.1. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates. The GF Value image below provides further insight:
This sale by Joseph Mcclanathan might be of interest to current and potential investors, providing insight into insider sentiment and potential future stock performance based on current valuation levels.
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.
