Insider Selling Alert: Patrick Auletta Sells Shares of Park-Ohio Holdings Corp (PKOH)

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Dec 06, 2024

On December 5, 2024, Patrick Auletta, a Director at Park-Ohio Holdings Corp (PKOH, Financial), sold 9,800 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 12,135 shares of the company. Park-Ohio Holdings Corp (PKOH) is a diversified international company providing world-class customers with supply chain management outsourcing services, capital equipment used on their production lines, and manufactured components used to assemble their products. The company operates through three segments: Supply Technologies, Assembly Components, and Engineered Products. The insider transaction history for Park-Ohio Holdings Corp indicates a trend of more insider selling than buying over the past year. Specifically, there have been 3 insider buys and 14 insider sells during this period. 1865154443843104768.png On the day of the recent sale by Patrick Auletta, shares of Park-Ohio Holdings Corp were trading at $31.43, giving the stock a market cap of $439.792 million. The company's price-earnings ratio stands at 25.06, 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 $31.43 and a GF Value of $20.63, Park-Ohio Holdings Corp has a price-to-GF-Value ratio of 1.52, indicating that the stock is significantly overvalued based on its GF Value. 1865154514831699968.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as 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.

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