On December 4, 2024, Javier Palomarez, a Director at MasTec Inc (MTZ, Financial), sold 200 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 10,633 shares of the company.
MasTec Inc (MTZ) is a leading infrastructure construction company operating primarily in North America. The company provides engineering, building, installation, and maintenance services for energy, utility, and communications infrastructure.
Over the past year, Javier Palomarez has sold a total of 3,700 shares and has not purchased any shares. The insider transaction history for MasTec Inc indicates that there have been 0 insider buys and 13 insider sells over the same period.
On the day of the recent sale, shares of MasTec Inc were trading at $143 each, giving the stock a market cap of $11.245 billion. The company's price-earnings ratio stands at 126.71, which is higher than the industry median of 16.01 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $143 and a GF Value of $111.27, MasTec Inc has a price-to-GF-Value ratio of 1.29, indicating that the stock is modestly overvalued 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.
