Insider Sell: Kieran O'Sullivan Sells 22,423 Shares of CTS Corp (CTS)

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Dec 07, 2024

On December 5, 2024, Kieran O'Sullivan, President & CEO of CTS Corp, executed a sale of 22,423 shares of the company. Following this transaction, the insider now holds 390,827 shares of CTS Corp. The details of this transaction can be found in the SEC Filing. CTS Corp (CTS, Financial) is a global leader in the design and manufacture of sensors, actuators, and electronic components for a wide range of industries, including automotive, aerospace, communications, defense, industrial, information technology, and medical. The company is known for its innovative solutions that enhance the performance and reliability of its customers' products. 1865185274410201088.png The insider transaction history for CTS Corp indicates that there have been no insider buys over the past year, while there have been 12 insider sells during the same period. Over the past year, Kieran O'Sullivan has sold a total of 129,816 shares and has not purchased any shares. On the day of the recent sale, shares of CTS Corp were trading at $55.11, giving the stock a market cap of $1.65 billion. The company's price-earnings ratio stands at 28.25, which is higher than the industry median of 23.805 and also higher than the company's historical median price-earnings ratio. 1865185328491556864.png With a trading price of $55.11 and a GF Value of $41.16, CTS 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 using 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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