Insider Sell: Kathryn Horgan Sells 12,500 Shares of State Street Corp (STT)

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Nov 26, 2024
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On November 25, 2024, Kathryn Horgan, Executive Vice President of State Street Global Advisors, a branch of State Street Corp (STT, Financial), sold 12,500 shares of the company. Following this transaction, the insider now owns 111,042 shares of the company. The details of this transaction can be found in the SEC Filing. State Street Corp is a financial services and bank holding company headquartered in Boston, Massachusetts. It is one of the largest asset management companies in the world, providing investment management, research, and advisory services to institutional clients. 1861530734234333184.png Over the past year, Kathryn Horgan has sold a total of 19,276 shares and has not purchased any shares. The insider transaction history for State Street Corp indicates that there have been 1 insider buy and 20 insider sells over the past year. 1861530804203712512.png As of the date of the recent transaction, shares of State Street Corp were trading at $97.97, giving the stock a market cap of $28.966 billion. The company's price-earnings ratio is 15.61, which is higher than the industry median of 11.24 and also higher than the company’s historical median price-earnings ratio. With a trading price of $97.97 and a GuruFocus Value of $89.80, State Street Corp has a price-to-GF-Value ratio of 1.09, indicating that the stock is fairly valued 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.

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