Insider Selling: William Waterman Sells 40,001 Shares of Kirby Corp (KEX)

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Nov 26, 2024
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On November 25, 2024, William Waterman, a Director at Kirby Corp (KEX, Financial), sold 40,001 shares of the company. Following this transaction, the insider now owns 37,315 shares of Kirby Corp. The details of this transaction can be found in the SEC Filing. Kirby Corp (KEX) is a company engaged in the marine transportation and diesel engine services. It operates through two segments: Marine Transportation and Distribution and Services. The Marine Transportation segment provides transportation of bulk liquid products throughout the United States. The Distribution and Services segment offers after-market service and parts for engines, transmissions, reduction gears, and related equipment. 1861500359147679744.png Over the past year, William Waterman has sold a total of 50,001 shares and has not purchased any shares. The insider transaction history for Kirby Corp shows that there have been 0 insider buys and 34 insider sells over the same timeframe. 1861500424109060096.png On the day of the recent sale, shares of Kirby Corp were trading at $130.14 each, giving the stock a market cap of $7.404 billion. The company's price-earnings ratio is 24.76, which is higher than the industry median of 14.245 but lower than the company’s historical median price-earnings ratio. With a trading price of $130.14 and a GF Value of $92.87, Kirby Corp has a price-to-GF-Value ratio of 1.4, indicating 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, a GuruFocus adjustment factor, 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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