On October 25, 2024, Mogens Bay, Director of Valmont Industries Inc (VMI, Financial), executed a sale of 17,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 151,730 shares of Valmont Industries Inc.
Valmont Industries Inc, a leader in engineered products and services for infrastructure, and irrigation equipment for agriculture, helps customers achieve higher productivity. The company's activities are essential in providing solutions that support global infrastructure development and agricultural productivity.
Over the past year, Mogens Bay has sold a total of 35,000 shares of Valmont Industries Inc and has not made any purchases. This recent sale continues a trend observed over the past year, where there have been 14 insider sells and no insider buys.
Shares of Valmont Industries Inc were priced at $316.48 on the day of the sale. The company's market cap is approximately $6.448 billion. Valmont Industries Inc's price-earnings ratio stands at 21.72, which is above the industry median of 13.145.
The stock's current price relative to the GF Value of $283.86 suggests that it is Modestly Overvalued with a price-to-GF-Value ratio of 1.11.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, 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 prospects and valuation alignment.
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.
