On August 23, 2024, Wendell Pritchett, a director at Toll Brothers Inc (NYSE:TOL), completed a sale of 3,000 shares of the company’s stock, according to the SEC filing. Following this transaction, the insider now owns 10,214 shares of the company’s stock.
Toll Brothers Inc (NYSE:TOL) is a major homebuilder in the United States known for its luxury residential communities. The company is also engaged in the construction, design and sale of single-family and townhomes in luxury residential communities.
The shares were sold at a price of $147.39 per share. This transaction increases the insider’s holdings in the company to currently 10,214 shares, which are worth approximately $1,505,073.46 based on the last closing price.
Over the past year, Wendell Pritchett has sold 3,000 shares but has recorded no purchases. This latest sale continues a trend seen within the company where insider transactions have been predominantly sells. Over the past year, there were 22 insider sales and no insider purchases at Toll Brothers Inc (NYSE:TOL).
Toll Brothers Inc (NYSE:TOL) stock currently has a market cap of about $14.63 billion. Its price-to-earnings ratio is 9.99, which is below both the industry median of 12.715 and the company’s historical median.
According to GF Value, the intrinsic value of Toll Brothers Inc (NYSE:TOL) is estimated at $81.02 per share, making the current price of $147.39 significantly overvalued with a Price to GF Value ratio of 1.82.
This valuation assessment is based on historical trading multiples such as price-to-earnings, price-to-sales, price-to-book and price-to-free cash flow, adjusted by GuruFocus for past earnings and growth and supplemented by Morningstar analyst estimates of future business performance.
The recent insider selling activity at Toll Brothers Inc (NYSE:TOL) may be of interest to investors who monitor insider behavior and company valuation metrics.
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.
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