On November 7, 2024, Steven Heiskell, Senior Vice President & President, Recycling Products & Services at Radius Recycling Inc (RDUS, Financial), sold 9,000 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 121,017 shares of Radius Recycling Inc.
Radius Recycling Inc operates in the recycling sector, focusing on innovative and sustainable recycling solutions. The company's efforts contribute significantly to environmental sustainability by reducing waste and promoting the reuse of materials.
Over the past year, the insider has sold a total of 26,675 shares and has not purchased any shares. This recent transaction continues a trend observed over the past year at Radius Recycling Inc, where there have been no insider buys but five insider sells.
Shares of Radius Recycling Inc were trading at $19.52 on the day of the sale. The company has a market cap of approximately $558.544 million.
According to the GF Value, the intrinsic value of the stock is estimated at $26.25, suggesting that Radius Recycling Inc is modestly undervalued with a price-to-GF-Value ratio of 0.74.
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, along with a GuruFocus adjustment factor and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation adjustments.
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.
