Director C Campbell Sells 3,000 Shares of MasTec Inc (MTZ)

Author's Avatar
Nov 29, 2024
Article's Main Image

On November 26, 2024, C Campbell, a Director at MasTec Inc (MTZ, Financial), sold 3,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 42,478 shares of the company. MasTec Inc (MTZ) is a leading infrastructure construction company operating primarily in North America. The company provides engineering, building, installation, maintenance, and upgrade services for energy, utility, and communications infrastructure. 1862587552658255872.png Over the past year, C Campbell has sold a total of 14,000 shares and has not made any purchases. The insider transaction history for MasTec Inc indicates that there have been no insider buys in the past year, while there have been 12 insider sells. 1862587610174746624.png On the day of the recent sale, shares of MasTec Inc were trading at $145 each, giving the stock a market cap of $11.414 billion. The company's price-earnings ratio stands at 128.63, which is higher than the industry median of 15.97 and also higher than the company’s historical median price-earnings ratio. With a trading price of $145 and a GF Value of $111.30, MasTec Inc has a price-to-GF-Value ratio of 1.3, indicating 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, 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.

Disclosures

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.