On August 14, 2024, John Regan, EVP, Controller & Chief Accounting Officer of Fluor Corp (NYSE:FLR), completed a sale of 13,000 shares of the company’s stock. The transaction was filed on August 15, 2024, according to the SEC filing. Following this transaction, the insider now owns 55,965 shares of Fluor Corp.
Fluor Corp, a global engineering and construction company, provides services in various segments including oil and gas, industrial and infrastructure, government and energy. The company serves a broad range of industries and offers project management and related services.
Fluor Corp.’s stock price was $48.31 on the day of the transaction. The company’s market capitalization is approximately $8.43 billion. Fluor Corp.’s price-to-earnings ratio is 21.58, which is higher than the industry average of 14.98.
Fluor Corp’s GF Value is $30.90, which represents a Price to GF Value ratio of 1.56, suggesting that the stock is significantly overvalued based on its GF Value.
Over the past year, John Regan has sold a total of 13,000 shares and made no purchases. Fluor Corp’s insider transaction history shows no insider purchases and one insider sale over the past year.
This insider activity takes place in a valuation context that considers a stock’s price metrics such as price-to-sales, price-to-book, and price-to-free cash flow, along with historical trading multiples and Morningstar analysts’ estimates of future business performance.
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