On December 2, 2024, [Matthew Chanin](https://www.gurufocus.com/insider/102794/matthew-chanin), a Director at Suburban Propane Partners LP, sold 10,000 shares of the company, according to a [SEC Filing](http://www.sec.gov/Archives/edgar/data/1005210/000166427224000411/xslF345X01/f4_a1eus000002x4jnmay-live.xml). Following this transaction, the insider now owns 73,176 shares of the company.
Suburban Propane Partners LP (SPH, Financial) is a publicly traded master limited partnership engaged in the distribution of propane, fuel oil, and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. The company also installs and services a variety of home comfort equipment, including heating and air conditioning products.
The insider transaction history for Suburban Propane Partners LP indicates that there have been no insider buys over the past year, while there have been 16 insider sells during the same period. Over the past year, [Matthew Chanin](https://www.gurufocus.com/insider/102794/matthew-chanin) has sold a total of 10,000 shares and has not purchased any shares.
On the day of the recent sale, shares of Suburban Propane Partners LP were trading at $19.74, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/SPH) of $1.244 billion. The [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/SPH) stands at 16.93, which is higher than the industry median of 15.545 but lower than the company’s historical median price-earnings ratio.
With a trading price of $19.74 and a [GF Value](https://www.gurufocus.com/term/gf-value/SPH) of $14.69, Suburban Propane Partners LP 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-sales ratio](https://www.gurufocus.com/term/ps-ratio/SPH), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/SPH), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/SPH), a GuruFocus adjustment factor based on the company’s past returns and growth, 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.
