Insider Sell: Paul Bigbee Sells Shares of Cavco Industries Inc (CVCO)

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Nov 26, 2024
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On November 22, 2024, Paul Bigbee, the Chief Accounting Officer of Cavco Industries Inc's subsidiary, sold 100 shares of Cavco Industries Inc (CVCO, Financial). Following this transaction, the insider now owns 981 shares of the company. The details of this transaction can be found in the SEC Filing. Cavco Industries Inc is a company that designs and produces factory-built homes. The company operates in the United States and is known for its manufactured homes, modular homes, park model RVs, and vacation cabins. Cavco Industries Inc also provides related insurance and financial services. 1861470125446819840.png Over the past year, Paul Bigbee has sold a total of 450 shares and has not purchased any shares. The insider transaction history for Cavco Industries Inc shows that there have been no insider buys in total over the past year, while there have been eight insider sells during the same period. On the day of the recent sale, shares of Cavco Industries Inc were trading at $512.23, giving the stock a market cap of $4.237 billion. The company's price-earnings ratio is 29.55, which is higher than the industry median of 11.66 and also higher than the company’s historical median price-earnings ratio. 1861470192882839552.png With a price of $512.23 and a GuruFocus Value of $312.14, Cavco Industries Inc has a price-to-GF-Value ratio of 1.64. This indicates that the stock is significantly 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. 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 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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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.