On December 12, 2024, Michael Whitehead, Senior Vice President and President of Global Automation at Lincoln Electric Holdings Inc (LECO, Financial), sold 1,474 shares of the company. Following this transaction, the insider now owns 9,704 shares of the company. The details of this transaction can be found in the SEC Filing.
Lincoln Electric Holdings Inc (LECO) is a global manufacturer and the market leader of the highest quality welding, cutting, and joining products. The company has a broad portfolio of solutions that include arc welding equipment, consumables, plasma and oxy-fuel cutting equipment, and robotic welding systems.
Over the past year, Michael Whitehead has sold a total of 3,574 shares and has not purchased any shares. The insider transaction history for Lincoln Electric Holdings Inc shows that there have been no insider buys in total over the past year, while there have been eight insider sells during the same period.
On the day of the recent sale, shares of Lincoln Electric Holdings Inc were trading at $207.34, giving the stock a market cap of $11.715 billion. The company's price-earnings ratio is 24.78, which is lower than the industry median of 25.79 but higher than the company’s historical median price-earnings ratio.
With a price of $207.34 and a GF Value of $185.04, Lincoln Electric Holdings Inc has a price-to-GF-Value ratio of 1.12, 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 such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, 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.
