Insider Sale at WESCO International Inc (WCC): EVP & GM, EES Squires Nelson John III Sells 10,000 Shares

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4 days ago
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On October 31, 2024, Squires Nelson John III, Executive Vice President & General Manager, EES at WESCO International Inc (WCC, Financial), executed a sale of 10,000 shares of the company. Following this transaction, the insider now directly owns 54,621.046 shares in the company, as detailed in the SEC Filing.

WESCO International Inc (WCC, Financial) is a leading provider in the distribution of electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and advanced supply chain management and logistics services.

Over the past year, the insider has sold a total of 13,490 shares of WESCO International Inc (WCC, Financial) and has not made any purchases. The company has seen a total of 8 insider sells and no insider buys over the same period.

Shares of WESCO International Inc (WCC, Financial) were priced at $190 on the day of the transaction. The company currently holds a market cap of approximately $9.22 billion. The price-earnings ratio stands at 15.07, which is above both the industry median of 14.75 and the company's historical median.

According to the GF Value, the intrinsic value of WESCO International Inc (WCC, Financial) is estimated at $156.22 per share, making the stock Modestly Overvalued with a price-to-GF-Value ratio of 1.22.

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The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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This recent insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow.

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.

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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.