On December 4, 2024, Franklin Cardenas, Vice President at Kennametal Inc's subsidiary, sold 20,470 shares of Kennametal Inc (KMT, Financial). Following this transaction, the insider now owns 39,581.063 shares of the company. The details of this transaction can be found in the SEC Filing.
Kennametal Inc (KMT) is a global leader in the development and application of tungsten carbides, ceramics, and super-hard materials used in metal cutting and wear-resistant applications. The company serves customers across various industries, including aerospace, earthworks, energy, general engineering, and transportation.
The insider transaction history for Kennametal Inc shows a trend of more insider sells than buys over the past year, with 8 insider sells and 2 insider buys. This recent sale by Franklin Cardenas is part of this broader trend.
As of the transaction date, shares of Kennametal Inc were trading at $28.24, giving the stock a market cap of $2,109.480 million. The company's price-earnings ratio stands at 21.20, which is lower than the industry median of 25.475 but higher than the company's historical median price-earnings ratio.
With a trading price of $28.24 and a GF Value of $26.19, Kennametal Inc has a price-to-GF-Value ratio of 1.08, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates 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.
