On November 1, 2024, Gregory Page, Director at Eaton Corp PLC (ETN, Financial), executed a sale of 4,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 51,422 shares of Eaton Corp PLC.
Eaton Corp PLC (ETN, Financial) is a power management company providing energy-efficient solutions that help its customers effectively manage electrical, hydraulic, and mechanical power more efficiently, safely, and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services.
Over the past year, the insider transaction history for Eaton Corp PLC shows a trend with 2 insider buys and 14 insider sells. This recent sale by the insider is part of a broader pattern observed within the company's insider activity.
Shares of Eaton Corp PLC were trading at $335.3 on the day of the transaction. The company's market cap is approximately $130.86 billion. Eaton Corp PLC's price-earnings ratio stands at 35.23, which is above both the industry median of 24.2 and the company’s historical median.
The stock is currently considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.54. The GF Value of $217.28 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.
This insider sale might interest investors as they evaluate the stock's current valuation and consider the broader insider selling trend at Eaton Corp PLC.
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.
