On December 4, 2024, Greg Bertrand, Executive Vice President of U.S. Foodservice Operations at Sysco Corp (SYY, Financial), sold 21,844 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 60,581.382 shares of the company.
Sysco Corp (SYY) is a global leader in selling, marketing, and distributing food products to restaurants, healthcare and educational facilities, lodging establishments, and other customers who prepare meals away from home. The company also provides equipment and supplies for the foodservice and hospitality industries.
The insider transaction history for Sysco Corp shows that there have been no insider buys over the past year. Meanwhile, there have been six insider sells during the same timeframe. Over the past year, Greg Bertrand has sold a total of 21,844 shares and purchased no shares.
On the day of the recent sale, shares of Sysco Corp were trading at $80 each, giving the stock a market cap of $40,167.557 million. The company's price-earnings ratio is 21.02, which is higher than the industry median of 15.965 but lower than the company’s historical median price-earnings ratio.
With a price of $80 and a GuruFocus Value of $84.98, Sysco Corp has a price-to-GF-Value ratio of 0.94, indicating that the stock is fairly valued 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.
