On September 23, 2024, James Miller, Director at Crown Holdings Inc (CCK, Financial), sold 1,006 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 12,424 shares of Crown Holdings Inc.
Crown Holdings Inc, a global leader in metal packaging technology, specializes in the production of aerosol cans, beverage cans, and metal food containers, serving various industries worldwide.
Over the past year, James Miller has sold a total of 10,006 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 10 insider sells and no insider buys over the past year.
Shares of Crown Holdings Inc were trading at $95.6 on the day of the sale. The company has a market cap of approximately $11.55 billion. The price-earnings ratio stands at 26.52, which is above both the industry median of 17.145 and the company's historical median.
According to the GF Value, the intrinsic value of Crown Holdings Inc is estimated at $84.03 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.14.
The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future prospects.
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.
