On December 10, 2024, Patrick Fogarty, Vice President & Chief Financial Officer of Park-Ohio Holdings Corp's subsidiary, sold 7,525 shares of Park-Ohio Holdings Corp (PKOH, Financial). Following this transaction, the insider now owns 151,171 shares of the company. The details of this transaction can be found in the SEC Filing.
Park-Ohio Holdings Corp 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 sells than buys over the past year. Specifically, there have been 18 insider sells compared to 3 insider buys. Over the past year, Patrick Fogarty has sold a total of 10,046 shares and has not purchased any shares.
As of the date of the recent transaction, shares of Park-Ohio Holdings Corp were trading at $31.09, giving the stock a market cap of $438.670 million. The company's price-earnings ratio stands at 24.99, which is lower than the industry median of 25.775 but higher than the company's historical median price-earnings ratio.
The GF Value for Park-Ohio Holdings Corp is estimated at $20.61, resulting in a price-to-GF-Value ratio of 1.51. This suggests 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, 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.
