Insider Sell: Gary Glandon Sells Shares of Lithia Motors Inc (LAD)

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Nov 23, 2024

On November 21, 2024, Gary Glandon, Chief People Officer at Lithia Motors Inc (LAD, Financial), sold 242 shares of the company. Following this transaction, the insider now owns 1,729 shares of Lithia Motors Inc. The details of this transaction can be found in the SEC Filing. Lithia Motors Inc is a provider of personal transportation solutions in the United States. The company offers a wide range of services, including new and used vehicle sales, vehicle financing, insurance, and automotive repair and maintenance. 1860112307544289280.png The insider transaction history for Lithia Motors Inc shows that there have been no insider buys in total over the past year. Meanwhile, there have been 12 insider sells over the same timeframe. Over the past year, Gary Glandon has sold 242 shares in total and purchased 0 shares in total. On the day of the recent sale, shares of Lithia Motors Inc were trading for $382.86 apiece, giving the stock a market cap of $10.411 billion. The company's price-earnings ratio is 13.34, which is lower than the industry median of 17.11 and higher than the company’s historical median price-earnings ratio. 1860112382756548608.png With a price of $382.86 and a GuruFocus Value of $346.30, Lithia Motors Inc has a price-to-GF-Value ratio of 1.11. This indicates that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, 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.

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