Vicki Lostetter, Chief Human Resources Officer of WestRock Co (NYSE:WRK), has sold 3,500 shares of the company on February 12, 2024, according to a recent SEC Filing. The transaction was executed at a price of $42.77 per share, resulting in a total sale amount of $149,695.
WestRock Co is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. WestRock works with clients to provide differentiated paper and packaging solutions that help them win in the marketplace. The company's 50,000 team members support customers around the world from approximately 320 operating and business locations.
Over the past year, the insider has sold a total of 3,500 shares and has not made any purchases. The recent sale by Lostetter is the only insider sell for the company in the past year, with no insider buys recorded during the same period.
On the day of the sale, shares of WestRock Co were trading at $42.77, giving the company a market capitalization of $10.81 billion.
The stock's price-to-GF-Value ratio stands at 1.03, indicating that WestRock Co is Fairly Valued according to the GF Value. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is determined by historical trading multiples, an adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's value. While a single transaction like that of the insider may not be indicative of a trend, the overall pattern of insider transactions can be an important factor in assessing a stock's potential.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
