Glenn Williams, the CEO of Primerica Inc (NYSE:PRI), sold 3,000 shares of the company on August 12, 2024. The transaction was reported in a recent SEC filing. Following this sale, the insider now owns 45,321,995 shares of Primerica Inc.
Primerica Inc. is a leading provider of financial services to middle-income households in the United States and Canada. The company offers products and services, including term life insurance, mutual funds, annuities and other financial products tailored to the needs of its customers.
Over the past year, Glenn Williams has sold a total of 14,000 shares and purchased no shares. This recent sale is part of a broader trend at Primerica Inc., where there have been 13 insider sales and no insider purchases over the past year.
On the day of the sale, Primerica Inc. shares were trading at $252.55, giving the company a market capitalization of $8.523 billion. The company’s price-to-earnings ratio is 20.17, which is above both the industry median and the company’s historical median.
The current share price of $252.55 compared to its GF Value of $214.94 suggests that Primerica Inc. is slightly overvalued with a Price to GF Value ratio of 1.17.
This insider selling and valuation metrics provide important data points for investors monitoring Primerica Inc.’s financial health and market position.
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.
