Co-President of Investor Communication Solutions, Douglas Deschutter, sold 24,185 shares of Broadridge Financial Solutions Inc (BR, Financial) on November 7, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 27,136.8948 shares of the company.
Broadridge Financial Solutions Inc provides investor communications and technology-driven solutions for broker-dealers, banks, mutual funds, and corporate issuers globally. The company's services include processing securities transactions, managing investor communications, and providing data and analytics to the financial industry.
Over the past year, Douglas Deschutter has sold a total of 59,107 shares and has not made any purchases. The broader insider transaction trend at Broadridge Financial Solutions Inc shows no insider buys over the past year, with 24 insider sells recorded during the same period.
On the date of the latest sale, shares of Broadridge Financial Solutions Inc were priced at $220.21, giving the company a market cap of approximately $26.34 billion. The price-earnings ratio of the stock stands at 38.99, which is above both the industry median of 26.69 and the company's historical median.
The stock's valuation, according to the GF Value, is set at $195.80, indicating that with a current price of $220.21, Broadridge Financial Solutions Inc is modestly overvalued with a price-to-GF-Value ratio of 1.12.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the stock's current market valuation against its intrinsic value.
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.
