On November 26, 2024, Eric Steigerwalt, President and Chief Executive Officer of Brighthouse Financial Inc (BHF, Financial), sold 25,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 296,072 shares of the company.
Brighthouse Financial Inc (BHF) is a major provider of annuities and life insurance in the United States. The company was established to help people achieve financial security, offering a range of products designed to protect what matters most.
The insider transaction history for Brighthouse Financial Inc shows that there have been 1 insider buy and 19 insider sells over the past year. Over the same period, Eric Steigerwalt has sold a total of 100,000 shares and purchased 0 shares.
On the day of the recent sale, shares of Brighthouse Financial Inc were trading at $52.24, giving the stock a market cap of $3.111 billion. The company's stock is considered Significantly Undervalued based on its GF Value of $92.50, resulting in a price-to-GF-Value ratio of 0.56.
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.
