On November 4, 2024, Peter Mavoides, President and Chief Executive Officer of Essential Properties Realty Trust Inc (EPRT, Financial), executed a sale of 16,829 shares of the company. Following this transaction, the insider now owns 402,485 shares of Essential Properties Realty Trust Inc. Details of the sale can be found in the SEC Filing.
Essential Properties Realty Trust Inc, listed under the symbol EPRT, operates in the real estate sector, focusing primarily on single-tenant properties leased to middle-market companies. These properties are crucial for the operations of the tenants, making them fundamental to the portfolio of the trust.
Over the past year, Peter Mavoides has sold a total of 317,719 shares and has not purchased any shares. The insider transaction history for Essential Properties Realty Trust Inc shows a pattern of 18 insider sells and no insider buys over the same timeframe.
Shares of Essential Properties Realty Trust Inc were trading at $31.89 on the day of the transaction. The company has a market cap of approximately $5.576 billion. The price-earnings ratio stands at 27.65, which is above the industry median of 15.54.
According to the GF Value, the intrinsic value estimate for Essential Properties Realty Trust Inc is $28.35 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.12.
The GF Value is calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and supplemented by future business performance estimates from Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at Essential Properties Realty Trust Inc.
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.
