Yahoo Finance Director Stephen East Sells 1,500 Shares of Toll Brothers Inc (TOL)
Stephen East, Director of Toll Brothers Inc (NYSE:TOL), has sold 1,500 shares of the company on April 15, 2024, according to a recent SEC filing. Toll Brothers Inc is a luxury homebuilding company based in the United States, known for constructing quality homes in affluent neighborhoods, catering to a niche market of upscale homebuyers.
The transaction involved 1,500 shares at a price of $119.32 each, resulting in a total value of $178,980. Following this transaction, the insider's activity over the past year includes the sale of 1,500 shares and no recorded purchases.
The insider transaction history at Toll Brothers Inc shows a pattern of selling, with 27 insider sells and no insider buys over the past year.
On the day of the sale, Toll Brothers Inc (NYSE:TOL) shares were trading at $119.32, giving the company a market capitalization of $12.276 billion. The price-earnings ratio stood at 9.11, below both the industry median of 11.37 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 1.56, with a current share price of $119.32 and a GF Value of $76.34, indicating that Toll Brothers Inc is significantly overvalued according to GuruFocus's intrinsic value estimate.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by 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.
This article first appeared on GuruFocus.
