On August 19, 2024, Prakash Bedapudi, Executive Vice President and Chief Technology Officer, sold 3,434 shares of Lennox International Inc (NYSE:LII), as reported in a recent SEC filing. Following this transaction, the insider now owns 21,536 shares of the company.
Lennox International Inc., a global leader in heating, air conditioning and refrigeration, is committed to providing sustainable solutions through the use of innovative technologies and energy efficient products.
Over the past year, Prakash Bedapudi has sold a total of 4,434 shares and purchased no shares of the company. This latest transaction is part of a broader trend observed within the company. Over the past year, there have been 19 insider sales and no insider purchases.
Lennox International Inc.’s stock price was $578 on the day of the transaction. The company’s market capitalization is approximately $20.41 billion. Its price-to-earnings ratio is 31.77, well above the industry average of 14.84 and the company’s historical median.
According to GF Value, an estimate of intrinsic value used by GuruFocus, Lennox International Inc. is currently significantly overvalued. The GF Value of $359.74 results in a Price to GF Value ratio of 1.61 compared to the current price of $578.
This valuation estimate calls for caution as the stock is trading well above its estimated fair value, representing a premium that could impact future investment returns.
The insider’s recent sale may be of interest to investors, especially given the stock’s current valuation metrics and the overall trend of insider transactions at Lennox International Inc.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
This article first appeared on GuruFocus.
