On December 9, 2024, Kieran O'Sullivan, President & CEO of CTS Corp, sold 15,184 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 375,643 shares of CTS Corp.
CTS Corp (CTS, Financial) is a leading designer and manufacturer of sensors, actuators, and electronic components for a wide range of industries, including automotive, aerospace, communications, defense, industrial, information technology, and medical. The company focuses on providing innovative solutions that enhance the performance and reliability of its customers' products.
The insider transaction history for CTS Corp indicates that there have been no insider buys over the past year, while there have been 13 insider sells during the same period. Over the past year, Kieran O'Sullivan has sold a total of 145,000 shares and has not purchased any shares.
On the day of the recent sale, shares of CTS Corp were trading at $55.08, giving the stock a market cap of $1.693 billion. The company's price-earnings ratio stands at 28.98, which is higher than the industry median of 23.855 and also higher than the company's historical median price-earnings ratio.
With a trading price of $55.08 and a GF Value of $41.21, 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, along with a GuruFocus adjustment factor based on the company's past returns and growth, 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.
