Insider Selling: Senior Vice President Leonard Isotoff Sells Shares of Matson Inc (MATX)

Author's Avatar
6 days ago
Article's Main Image

Senior Vice President Leonard Isotoff sold 492 shares of Matson Inc (MATX, Financial) on November 6, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 4,254.348 shares of the company.

Matson Inc, a key player in the transportation and logistics industry, provides shipping services primarily in the Pacific. The company's operations encompass domestic and international rail intermodal service, long-haul and regional highway brokerage, supply chain services, and less-than-truckload shipping services, among others.

Over the past year, Leonard Isotoff has engaged in multiple transactions involving company shares. The insider has sold a total of 3,292 shares and has not purchased any shares.

The insider transaction history for Matson Inc shows a trend of more sales than purchases among insiders. In the past year, there have been 39 insider sells and no insider buys.

On the day of the latest transaction by Leonard Isotoff, shares of Matson Inc were trading at $161.26. This pricing gives the company a market cap of approximately $5.514 billion. The price-earnings ratio of Matson Inc stands at 13.81, which is below both the industry median of 14.16 and the company's historical median.

According to the GF Value, the intrinsic value estimate for Matson Inc is $94.90 per share, making the current price represent a price-to-GF-Value ratio of 1.7. This suggests that the stock is Significantly Overvalued.

1854317190480818176.png

1854317220927270912.png

The GF Value is calculated based on historical trading multiples like 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 future business performance estimates from analysts.

This recent sale by a senior executive at Matson Inc provides an interesting data point for investors tracking insider behaviors and company valuation metrics.

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.

Disclosures

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.