Insider Sale: President and CEO Frederic Lissalde Sells 154,000 Shares of BorgWarner Inc (BWA)

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Nov 13, 2024
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On November 11, 2024, Frederic Lissalde, President and Chief Executive Officer of BorgWarner Inc (BWA, Financial), executed a significant transaction by selling 154,000 shares of the company. The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 259,957.37 shares of BorgWarner Inc.

BorgWarner Inc is a global product leader in clean and efficient technology solutions for combustion, hybrid, and electric vehicles. The company's products help enhance vehicle performance, propulsion efficiency, stability, and air quality.

The shares were sold at a price of $34.61 each. This transaction has altered the insider's stake in the company significantly, reflecting a broader trend observed over the past year where the insider has sold a total of 379,900 shares and made no purchase transactions.

Over the past year, BorgWarner Inc has seen a total of 13 insider sells and no insider buys. This pattern of transactions provides insights into the insider sentiment towards the stock within the company.

The current market cap of BorgWarner Inc stands at approximately $7.674 billion. The stock's price-earnings ratio is 8.91, which is lower than both the industry median of 16.395 and the company’s historical median, suggesting a potentially undervalued scenario relative to its earnings.

According to the GF Value, the intrinsic value of BorgWarner Inc's stock is estimated at $40.46, which is higher than its current trading price, indicating that the stock is modestly undervalued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.

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This recent insider sale might attract investor attention as they evaluate the stock's current valuation and future prospects in light of the insider's trading activities and the company's financial position.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.