On August 8, 2024, Robert Probst, Executive Vice President and Chief Financial Officer of Ventas Inc (NYSE:VTR), sold 20,000 shares of the company’s stock at a price of $58.87 per share. This transaction was documented in a recent SEC filing. Following this sale, the insider now owns 156,403 shares of Ventas Inc.
Ventas Inc., a real estate investment trust, invests primarily in real estate for the healthcare industry, including senior living facilities, medical offices and other healthcare facilities.
Over the last year, Robert Probst has sold a total of 38,500 shares and purchased no shares. This latest transaction is part of a broader trend seen within the company. Over the last year, there were 7 insider sales and no insider purchases.
Ventas Inc. shares were trading at $58.87 on the day of the sale, giving the company a market capitalization of around $24.53 billion. According to GF Value, the estimated intrinsic value of Ventas Inc. is $53.46 per share, which suggests the stock is slightly overvalued with a price-to-value ratio of 1.1.
The GF value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio and price-free cash flow, adjusted by a GuruFocus factor and analysts’ assessments of future business development.
This insider sale may be of interest to current and prospective investors seeking to understand recent insider trends and valuation context for Ventas 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.
