Jason Taylor, President of the West Division at Beacon Roofing Supply Inc (BECN, Financial), sold 2,600 shares of the company on October 7, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 9,131 shares of Beacon Roofing Supply Inc.
Beacon Roofing Supply Inc is a distributor of roofing materials and complementary building products in North America. The company's product portfolio includes residential and non-residential roofing materials, siding, windows, and other exterior building products.
Over the past year, Jason Taylor has sold a total of 10,517 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed at Beacon Roofing Supply Inc, where there have been 16 insider sells and only 2 insider buys over the past year.
On the day of the sale, shares of Beacon Roofing Supply Inc were trading at $90, giving the company a market cap of approximately $5.846 billion. The stock is currently considered to be Fairly Valued, with a price-to-GF Value ratio of 0.98, based on a GF Value of $92.18.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider activity and valuation metrics may be of interest to investors monitoring insider behaviors and assessing the stock's current valuation under market conditions.
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.
