On November 19, 2024, Jose Mendez-andino, Executive Vice President, Chief Research & Development Officer at Owens-Corning Inc, sold 2,593 shares of the company. Following this transaction, the insider now owns 12,304.391 shares of Owens-Corning Inc.
Owens-Corning Inc (OC, Financial) is a global company that develops, manufactures, and markets insulation, roofing, and fiberglass composites. The company operates in three segments: Composites, Insulation, and Roofing. Owens-Corning Inc is known for its innovative products and sustainable solutions that enhance energy efficiency and durability in buildings and infrastructure.
The insider transaction history for Owens-Corning Inc indicates that there have been no insider buys over the past year, while there have been 18 insider sells during the same period. This recent sale by Jose Mendez-andino is part of this broader trend.
On the day of the sale, shares of Owens-Corning Inc were trading at $193.48, giving the stock a market cap of $16.949 billion. The company's price-earnings ratio stands at 16.82, which is higher than the industry median of 15.76 and also higher than the company’s historical median price-earnings ratio.
According to the GF Value, Owens-Corning Inc has a GuruFocus Value of $141.51, resulting in a price-to-GF-Value ratio of 1.37. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This insider sell activity and valuation metrics provide important data points for investors considering Owens-Corning Inc.
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.
