On December 3, 2024, Heidi Sullivan, the Vice President and Chief Human Capital Officer at Mercury Insurance Group, a branch of Mercury General Corp (MCY, Financial), sold 1,076 shares of the company. Following this transaction, the insider now owns 0 shares of the company. The details of this transaction can be found in the SEC Filing.
Mercury General Corp is a company engaged in writing personal automobile insurance. The company also offers homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance.
The insider transaction history for Mercury General Corp indicates that there have been no insider buys over the past year, while there has been one insider sell, which was conducted by Heidi Sullivan.
On the day of the transaction, shares of Mercury General Corp were trading at $77.28 each, giving the stock a market cap of $4.288 billion. The company's price-earnings ratio stands at 7.68, which is lower than the industry median of 11.77 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $77.28 and a GF Value of $57.54, Mercury General Corp has a price-to-GF-Value ratio of 1.34, 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 the 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.
