On November 12, 2024, William Geary, Executive Vice President & General Manager, Communications & Security Solutions at WESCO International Inc (WCC, Financial), executed a sale of 2,829 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 35,062.9291 shares of WESCO International Inc.
WESCO International Inc is a leading provider in the distribution of electrical, industrial, and communications maintenance, repair and operating (MRO) supplies and original equipment manufacturers (OEM) products, construction materials, and advanced supply chain management and logistic services.
Over the past year, William Geary has sold a total of 2,829 shares and has not purchased any shares. The insider transaction history for WESCO International Inc shows a trend with 0 insider buys and 11 insider sells over the past year.
On the valuation front, shares of WESCO International Inc were trading at $205.73 on the day of the transaction. The company has a market cap of approximately $10.15 billion. The price-earnings ratio stands at 16.58, which is above both the industry median of 14.83 and the company’s historical median.
According to the GF Value, an intrinsic value estimate from GuruFocus, WESCO International Inc is currently significantly overvalued. The GF Value of $157.57 suggests a price-to-GF-Value ratio of 1.31, indicating that the stock's current price is higher than its estimated fair value.
This sale by the insider at WESCO International Inc provides an interesting data point for investors, especially considering the company's valuation metrics and recent stock 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.
