On November 19, 2024, [Richard Rosenjack](https://www.gurufocus.com/insider/104309/richard-rosenjack), a Director at CPI Aerostructures Inc, purchased 5,000 shares of the company, as reported in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/889348/000106299324019388/xslF345X01/form4.xml). Following this transaction, the insider now owns a total of 39,711 shares of CPI Aerostructures Inc.
CPI Aerostructures Inc (CVU, Financial) is a company engaged in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in both the commercial and defense markets. The company also provides engineering, program management, and supply chain management services.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been five insider buys and zero insider sells, indicating a pattern of acquisition among company insiders.
On the day of the purchase, shares of CPI Aerostructures Inc were trading at $3.37, resulting in a [market cap](https://www.gurufocus.com/term/mktcap/CVU) of $48.752 million. The company's [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/CVU) stands at 2.74, which is lower than the industry median of 34.315 and also lower than the company's historical median price-earnings ratio.
Despite the insider buying activity, the stock is considered [Significantly Overvalued](https://www.gurufocus.com/term/gf-value/CVU) based on its [GF Value](https://www.gurufocus.com/term/gf-value/CVU). With a trading price of $3.37 and a GuruFocus Value of $2.49, the price-to-GF-Value ratio is 1.35.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/CVU), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/CVU), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/CVU), a GuruFocus adjustment factor based on the company's past returns and growth, and future estimates of business performance 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.
