Director Louis Miramontes of Lithia Motors Inc (LAD, Financial) sold 200 shares of the company on November 13, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 5,257 shares of Lithia Motors Inc.
Lithia Motors Inc operates as an automotive retailer in the United States. The company offers new and used vehicles, vehicle financing, warranties, insurance contracts, and vehicle repair and maintenance services. As of the latest transaction, the company's shares were trading at $373.62, positioning the company with a market cap of approximately $9.93 billion.
Over the past year, Louis Miramontes has engaged in multiple transactions involving the company's stock, selling a total of 500 shares and purchasing none. This recent sale is part of a broader trend observed within the company, where there have been 12 insider sells and no insider buys over the past year.
The stock's valuation metrics show a price-earnings ratio of 12.72, which is below the industry median of 16.035. This suggests a potentially lower valuation relative to peers. The GF Value, an intrinsic value estimate calculated by GuruFocus, stands at $346.61, indicating that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.08.
The GF Value is derived from historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This insider selling activity could be of interest to current and potential investors, providing insights into how insiders view the stock'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.
