On August 23, 2024, Sidney Deboer, Director at Lithia Motors Inc (NYSE:LAD), completed a sale of 11,938 shares of the company’s stock. The transaction was reported through an SEC filing on the same day. Following this transaction, the insider now owns 46,129 shares of Lithia Motors Inc.
Lithia Motors Inc. is an automobile dealer in the United States. The company offers new and used cars, vehicle financing, warranties, insurance, and vehicle repair and maintenance services. It is one of the largest automobile dealers in the United States and is known for its extensive dealer network.
Over the past year, the insider has sold a total of 16,938 shares and made no purchases. This recent sale is part of a broader trend observed over the past year, when there were a total of 8 insider sales and no insider purchases at Lithia Motors Inc.
Lithia Motors Inc. shares were trading at $290.86 on the day of the sale, giving the company a market capitalization of around $7.96 billion. The stock’s price-to-earnings ratio is 9.61, which is below the industry median of 14.95 and also below the company’s historical median.
Lithia Motors Inc.’s GF Value is estimated at $340.92, which suggests the stock is slightly undervalued with a Price to GF Value ratio of 0.85. The GF Value is calculated by taking into account historical trading multiples, an adjustment factor based on past earnings and growth, and estimates of future business performance.
This insider sale could be of interest to investors who track changes in ownership and evaluate the stock’s current valuation metrics, such as price-to-sales ratio, price-to-book ratio and price-to-free cash flow ratio.
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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