On August 21, 2024, Joseph Kimmell, Executive Vice President of Operations at Champion Homes Inc (NYSE:SKY), sold 2,964 shares of the company’s stock. The transaction was performed at a price of $88.6 per share, as detailed in the SEC filing. Following this sale, the insider now owns 47,262 shares of Champion Homes Inc.
Champion Homes Inc. specializes in the manufacture of factory-built solutions for residential and commercial purposes. The company’s offering includes prefab homes, modular homes and mobile offices, covering a wide range of needs in the housing market.
Over the past year, Joseph Kimmell has sold a total of 13,006 shares and purchased no shares of the company. This recent sale is part of a broader trend at Champion Homes Inc., where there were 15 insider sales and no insider purchases over the past year.
Champion Homes Inc. shares traded at $88.6 on the day of the sale, giving the company a market capitalization of approximately $5.32 billion. The stock’s price-to-earnings ratio is 37.88, well above the industry median of 12.32 and the company’s historical median.
The stock is valued at USD 60.29 according to GF Value. This means that Champion Homes Inc. is significantly overvalued at the current price of USD 88.6 with a price-GF Value ratio of 1.47.
The GF value is derived from historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, adjusted for the company’s past performance and expected future business results.
This insider sale may be of interest to investors who track changes in ownership and compare the current market valuation of the stock with its intrinsic value, which is estimated based on financial metrics and market trends.
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.
