On October 30, 2024, Albert Neupaver, a Director at Westinghouse Air Brake Technologies Corp (WAB, Financial), executed a sale of 35,722 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 614,447 shares of the company.
Westinghouse Air Brake Technologies Corp, known for its technology-based equipment, systems, and services for the global transit and freight rail industries, has seen a notable pattern in insider transactions. Over the past year, there have been 24 insider sells and no insider buys. Albert Neupaver himself has sold a total of 64,822 shares and has not purchased any shares in the same timeframe.
On the date of the latest transaction, shares of Westinghouse Air Brake Technologies Corp were priced at $188.7. This pricing values the company with a market cap of approximately $32.12 billion. The price-earnings ratio of the company stands at 31.14, which is significantly higher than the industry median of 14.17 and above the historical median for the company.
The stock is currently considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.41. The GF Value of $133.99 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation metrics and market performance.
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.
