On November 15, 2024, Rebecca O'Mara, a Director at Kadant Inc (KAI, Financial), executed a sale of 300 shares of the company at a price of $392.59 per share. This transaction was documented in an SEC Filing. Following this sale, the insider now directly owns 1,293 shares of Kadant Inc.
Kadant Inc is engaged in the development, manufacture, and marketing of a range of products and technologies that are used primarily in process industries. These include custom-engineered systems for papermaking, paper recycling, and other industries that rely on efficient processing and resource management.
Over the past year, Rebecca O'Mara has sold a total of 500 shares of Kadant Inc and has not made any purchases of the stock. This recent transaction continues a trend observed over the past year at Kadant Inc, where there have been no insider purchases but 14 insider sales.
As of the date of the latest transaction, Kadant Inc shares were trading at $392.59, giving the company a market cap of approximately $4.67 billion. The price-earnings ratio of the company stands at 40.66, which is above both the industry median of 24.545 and the historical median for the company.
The stock's valuation metrics show a GF Value of $251.76, indicating that at the current price of $392.59, Kadant Inc is significantly overvalued with a price-to-GF-Value ratio of 1.56.
This insider sale and the valuation metrics may be of interest to investors monitoring insider behaviors and assessing the stock's current market position relative to its intrinsic value.
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.
