On November 19, 2024, Netha Johnson, Chief Operating Officer of Albemarle Corp's Bromine Specialties division, sold 1,060 shares of Albemarle Corp (ALB, Financial). Following this transaction, the insider now owns 30,360 shares of the company. The details of this transaction can be found in the SEC Filing.
Albemarle Corp is a global specialty chemicals company with leading positions in lithium, bromine, and refining catalysts. The company is known for its innovative solutions and sustainable practices, serving diverse markets such as energy storage, electronics, and transportation.
The insider transaction history for Albemarle Corp indicates that there have been no insider buys over the past year, while there have been three insider sells, including the recent transaction by Netha Johnson.
On the day of the transaction, shares of Albemarle Corp were trading at $106.04, giving the stock a market cap of $12.876 billion. The company's stock is considered Modestly Undervalued based on its GF Value of $153.32, resulting in a price-to-GF-Value ratio of 0.69.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, along with 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.
