On August 22, 2024, Padraig Mcdonnell, President and CEO of Agilent Technologies Inc (NYSE:A), sold 1,958 shares of the company’s stock. The transaction was filed on the same day, according to the SEC filing. Following this sale, the insider now owns 24,118 shares of Agilent Technologies Inc.
Agilent Technologies Inc. is a global leader in life sciences, diagnostics and applied chemistry. The company provides laboratories worldwide with instruments, services, consumables, applications and expertise to help customers gain the insights they seek.
Over the past year, Padraig Mcdonnell has sold a total of 7,832 shares and purchased no shares of the company. This latest transaction is part of a broader trend observed over the past year, when there were 15 insider sales and only one insider purchase at Agilent Technologies Inc.
Agilent Technologies Inc. shares were trading at $145 on the day of the transaction. The company has a market capitalization of approximately $40.66 billion. The company’s price-to-earnings ratio is 29.34, slightly above the industry average of 29.09.
The stock is considered fairly valued at a price-to-GF-Value ratio of 1.09, based on a GF Value of $133.52. The GF Value is calculated by taking into account historical trading multiples, a GuruFocus adjustment factor based on past earnings and growth, and future business development estimates from Morningstar analysts.
This insider sale may be of interest to investors who monitor insider behavior as an indicator of the company’s future performance and valuation prospects.
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