On November 6, 2024, Squires Nelson John III, Executive Vice President & General Manager, EES at WESCO International Inc (WCC, Financial), sold 5,000 shares of the company. The transaction was executed at a price of $205 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 49,621.046 shares of WESCO International Inc.
WESCO International Inc (WCC, Financial) is a leading provider of business-to-business distribution, logistics services and supply chain solutions. The company operates in multiple industries, offering a wide range of products and services that include electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products.
Over the past year, Squires Nelson John III has sold a total of 18,490 shares of WESCO International Inc and has not made any purchases. The insider transaction history for the company shows a total of 9 insider sells and 0 insider buys over the same timeframe.
Shares of WESCO International Inc were trading at $205 on the day of the sale, giving the company a market cap of approximately $10.08 billion. The price-earnings ratio of the stock stands at 16.48, which is above both the industry median of 15.095 and the company’s historical median.
According to the GF Value, the intrinsic value of WESCO International Inc is estimated at $157.35 per share, making the stock Significantly Overvalued with a price-to-GF-Value ratio of 1.3. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This recent insider sale might interest investors tracking ownership changes and evaluating the stock’s current 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.
