On August 9, 2024, Brian Truelove, Director at Bristow Group Inc (NYSE:VTOL), completed a sale of 3,000 shares of the company’s stock. The transaction was filed with the SEC on the same day. Following this transaction, the insider now directly owns 33,504 shares of the company’s stock.
Bristow Group Inc. is an industrial aviation services provider, providing transportation, search and rescue, and aircraft support services to government and civilian organizations worldwide.
The shares were sold at a price of $37.09 apiece, for a total value of $111,270. The sale occurred when Bristow Group Inc. shares were trading with a market capitalization of about $1.08 billion. The company’s price-to-earnings ratio is 35.59, which is higher than the industry average of 11.04.
According to GF Value, the intrinsic value of Bristow Group Inc. is estimated at $31.28 per share, making the stock slightly overvalued with a price-to-value ratio of 1.19.
Over the past year, Bristow Group Inc.’s insider transaction history recorded a total of 17 insider sales and no insider purchases. This trend in insider activity can often provide insight into the mood within the company’s management.
For more detailed information on insider trading at Bristow Group Inc., please see the SEC’s official filings.
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