Insider Sale: Director Peter Taylor Sells 1,250 Shares of Edison International (EIX)

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Nov 19, 2024
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On November 15, 2024, Peter Taylor, Director at Edison International (EIX, Financial), executed a sale of 1,250 shares of the company. The transaction was filed on November 18, 2024, as reported in the SEC Filing. Following this transaction, the insider now owns 32,372 shares of Edison International.

Edison International (EIX, Financial) is a public utility primarily engaged in the business of electricity generation, transmission, and distribution. The company is based in Southern California and serves a wide range of residential, commercial, industrial, and agricultural customers.

Shares of Edison International were priced at $83.28 on the day of the transaction. The company's market cap is approximately $32.91 billion. The price-earnings ratio stands at 25.00, which is above the industry median of 15.33.

The GF Value of Edison International is $71.73, indicating a price-to-GF-Value ratio of 1.16. This suggests that the stock is Modestly Overvalued.

Over the past year, Peter Taylor has sold a total of 1,250 shares and has not made any purchases. The insider transaction history for Edison International shows no insider buys in the past year, with a total of 12 insider sells.

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The GF Value is derived from historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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.