On November 6, 2024, Kieran Hegarty, President of Materials Processing at Terex Corp (TEX, Financial), executed a sale of 18,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 182,493 shares of Terex Corp.
Terex Corp (TEX, Financial) is a global manufacturer of lifting and material processing products and services that deliver lifecycle solutions to maximize customer return on investment. The company manufactures equipment for industries including construction, infrastructure, quarrying, recycling, energy, mining, shipping, transportation, refining, and utilities.
Over the past year, Kieran Hegarty has sold a total of 53,190 shares and has not made any purchases. The insider transaction history for Terex Corp shows a pattern of more sales than buys among insiders, with 12 sells and 3 buys over the past year.
Shares of Terex Corp were trading at $58.43 on the day of the sale. The company has a market cap of approximately $3.72 billion. The price-earnings ratio of Terex Corp stands at 8.14, which is lower than both the industry median of 13.98 and the company’s historical median.
According to the GF Value, the intrinsic value of Terex Corp is estimated at $55.61 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.05.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into how insiders view the stock's valuation and future prospects.
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.
