Insider Sell Alert: Gregory Sbrocco Sells Shares of Westinghouse Air Brake Technologies Corp (WAB)

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Nov 27, 2024
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On November 26, 2024, Gregory Sbrocco, Executive Vice President of Operations at Westinghouse Air Brake Technologies Corp (WAB, Financial), executed a sale of 565 shares of the company. Following this transaction, the insider now holds 16,101 shares of the company. The details of this transaction can be found in the SEC Filing. Westinghouse Air Brake Technologies Corp, commonly known as Wabtec, is a global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail industries. The company is known for its innovative technologies and comprehensive portfolio that enhance safety, efficiency, and productivity in the rail sector. 1861893236373745664.png The insider transaction history for Westinghouse Air Brake Technologies Corp indicates that there have been no insider purchases over the past year, while there have been 26 insider sales during the same period. Over the past year, Gregory Sbrocco has sold a total of 2,211 shares and has not made any purchases. 1861893307408478208.png On the day of the recent sale, shares of Westinghouse Air Brake Technologies Corp were trading at $201.37, giving the stock a market cap of $34.384 billion. The company's price-earnings ratio stands at 33.34, which is higher than the industry median of 14.06 and also higher than the company’s historical median price-earnings ratio. With a trading price of $201.37 and a GF Value of $134.73, Westinghouse Air Brake Technologies Corp has a price-to-GF-Value ratio of 1.49, 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 such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor and future business performance estimates from Morningstar analysts.

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