On November 14, 2024, Lange De, a Director at AGCO Corp (AGCO, Financial), purchased 2,740 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 11,176.1222 shares of AGCO Corp. The shares were bought at a price of $91.8 per share, totaling approximately $251,388.8.
AGCO Corp is a global leader in the design, manufacture, and distribution of agricultural equipment. The company offers a wide range of tractors, combines, hay tools, sprayers, forage, and tillage equipment, which are distributed through a combination of approximately 3,150 independent dealers and distributors in more than 140 countries worldwide.
Over the past year, Lange De has increased his holdings in AGCO Corp by purchasing a total of 5,575 shares. There have been four insider buys and no insider sells in the company over the last year.
The recent insider buying trend at AGCO Corp is illustrated in the following insider trend image:
As of the latest transaction, AGCO Corp has a market cap of approximately $6.994 billion. The stock's price-earnings ratio stands at 41.46, which is significantly higher than the industry median of 14.12.
According to the GF Value, the intrinsic value of AGCO Corp is estimated at $114.97 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.8. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
The GF Value assessment is visualized in the following image:
This recent purchase by Director Lange De could signal a positive outlook on the company's value and future performance, aligning with the GF Value's indication of the stock being modestly undervalued.
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.
