On November 18, 2024, Jason Taylor, President, West Division of Beacon Roofing Supply Inc (BECN, Financial), sold 2,600 shares of the company. Following this transaction, the insider now owns 6,531 shares of the company. The details of this transaction can be found in the SEC Filing. Beacon Roofing Supply Inc (BECN) is a distributor of residential and non-residential roofing materials, as well as complementary building products. The company operates throughout the United States and Canada, providing a range of products to contractors, home builders, and building owners. Over the past year, Jason Taylor has sold a total of 13,117 shares and has not purchased any shares. The insider transaction history for Beacon Roofing Supply Inc shows that there have been 1 insider buy and 16 insider sells over the same timeframe. As of the date of the recent transaction, shares of Beacon Roofing Supply Inc were trading at $110 each, giving the stock a market cap of $6.742 billion. The company's price-earnings ratio is 18.62, which is higher than the industry median of 14.87 but lower than the company’s historical median price-earnings ratio. With a price of $110 and a GuruFocus Value of $94.71, Beacon Roofing Supply Inc has a price-to-GF-Value ratio of 1.16, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
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.