On August 5, 2024, Peter Mavoides, President and CEO of Essential Properties Realty Trust Inc (NYSE:EPRT), sold 27,817 shares of the company’s stock. According to the SEC filing, the transaction was performed at an average price of $28.03 per share, for a total value of approximately $779,998.51. After this transaction, the insider now owns 473,893 shares of the company’s stock.

Essential Properties Realty Trust Inc (NYSE:EPRT) is a real estate investment trust that invests primarily in single-tenant, net-lease properties leased to middle-market companies operating service-oriented or experience-based businesses.

Over the past year, Peter Mavoides has sold a total of 245,256 shares and has not purchased any shares of the company. This latest transaction is part of a broader trend observed within the company. Over the past year, there have been 14 insider sales and no insider purchases.

As of last trading day, Essential Properties Realty Trust Inc (NYSE:EPRT) stock price was $28.03, giving the company a market capitalization of approximately $5.009 billion. The price-to-earnings ratio is 24.42, which is above the industry average of 16.82.

The stock’s valuation metrics, including price-to-sales, price-to-book and price-to-free cash flow, are in line with the company’s historical trading ranges. The GF Value of $27.80 suggests that the stock is fairly valued at a Price-to-GF Value ratio of 1.01.

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 provided by Morningstar analysts.

This insider sale may be of interest to investors who track insider behavior as an indicator of potential stock performance, particularly in the context of the company’s stable valuation and market performance.

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