Insider Sale: President Thomas Havens Sells Shares of Ryder System Inc (R)

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4 days ago
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Thomas Havens, the President of Global Fleet Management Solutions at Ryder System Inc (R, Financial), sold 4,000 shares of the company on November 6, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 20,504 shares of Ryder System Inc.

Ryder System Inc, a leader in transportation and supply chain management solutions, operates through three segments: Fleet Management Solutions, Dedicated Transportation Solutions, and Supply Chain Solutions. The company offers a wide range of logistics and transportation services including leasing, maintenance, rental, and dedicated transportation solutions.

Over the past year, Thomas Havens has sold a total of 18,240 shares and has not made any purchases. The insider transaction history for Ryder System Inc shows a trend with 0 insider buys and 20 insider sells over the same timeframe.

On the day of the sale, shares of Ryder System Inc were trading at $157.44, giving the company a market cap of approximately $6.89 billion. The price-earnings ratio of the stock stands at 15.23, which is below the industry median of 18.5.

The stock's GF Value is estimated at $116.58, indicating that at a price of $157.44, Ryder System Inc is significantly overvalued with a price-to-GF-Value ratio of 1.35.

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This valuation is based on historical trading multiples, a GuruFocus adjustment factor related to past returns and growth, and future business performance estimates from Morningstar analysts.

Investors and analysts monitoring insider activities like those of Thomas Havens may find these transactions and the company's valuation metrics crucial for making informed decisions.

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.