On September 12, 2024, Director Christopher Yip sold 4,700 shares of Taylor Morrison Home Corp (TMHC, Financial) at a price of $65.19 per share. The transaction, detailed in the SEC Filing, resulted in a total sale amount of $306,393. Following this transaction, the insider now owns 4,772 shares of the company.
Taylor Morrison Home Corp, a leading national homebuilder and developer, is engaged in building single-family detached and attached homes. These include first-time, mid-market, and mid-to-upscale housing in both master-planned communities and urban infill neighborhoods.
Over the past year, the insider transaction history for Taylor Morrison Home Corp shows a total of 19 insider sells and no insider buys. This recent sale by Director Christopher Yip aligns with the ongoing trend of insider sales within the company.
As of the latest sale date, Taylor Morrison Home Corp's shares were trading at $65.19, giving the company a market cap of approximately $7.16 billion. The price-earnings ratio stands at 10.20, which is below the industry median of 12.64.
According to the GF Value, which is an intrinsic value estimate used to determine if a stock is over or undervalued, Taylor Morrison Home Corp has a GF Value of $40.36. With the current price of $65.19, the stock is significantly overvalued with a price-to-GF-Value ratio of 1.62.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business results.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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.
