On November 1, 2024, Brian Regan, Executive Vice President and Chief Financial Officer of Manitowoc Co Inc (MTW, Financial), purchased 1,200 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 109,486 shares of Manitowoc Co Inc.
Manitowoc Co Inc (MTW, Financial) is a leading global manufacturer of cranes and lifting solutions for the construction industry. The company's product range includes mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks.
Over the past year, Brian Regan has increased his holdings in the company by purchasing a total of 2,200 shares. There have been 7 insider buys and no insider sells in the past year at Manitowoc Co Inc.
Shares of Manitowoc Co Inc were priced at $8.86 on the day of the insider's recent purchase. The company has a market cap of $303.144 million.
According to the GF Value, the intrinsic value of Manitowoc Co Inc is estimated at $14.41 per share, which suggests that the stock is currently undervalued. The price-to-GF-Value ratio stands at 0.61, indicating that the stock might be a Possible Value Trap, Think Twice.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider purchase could signal a positive outlook from the insider on the company's current valuation and future prospects.
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.
