Director Steven Mizell Acquires 1,000 Shares of Allegion PLC (ALLE)

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On July 26, 2024, Steven Mizell, Director at Allegion PLC (NYSE:ALLE), purchased 1,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 5,545 shares of Allegion PLC.

Allegion PLC is a provider of security products and solutions for homes and businesses. The company's products include mechanical and electronic security products such as locks, doors, and entry systems.

The shares were bought at a price of $136.53 each, valuing the transaction at $136,530. Allegion PLC's current market cap is approximately $12.14 billion.

The company's price-earnings ratio stands at 22.15, which is above the industry median of 17.69. This ratio is also lower than the companys historical median.

According to the GF Value, the intrinsic value of Allegion PLC is estimated at $129.62 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.05.

Director Steven Mizell Acquires 1,000 Shares of Allegion PLC (ALLE)
Director Steven Mizell Acquires 1,000 Shares of Allegion PLC (ALLE)

Over the past year, there have been three insider buys and six insider sells at Allegion PLC. The insider transaction history indicates a mixed sentiment among the insiders.

Director Steven Mizell Acquires 1,000 Shares of Allegion PLC (ALLE)
Director Steven Mizell Acquires 1,000 Shares of Allegion PLC (ALLE)

For more detailed information on insider transactions at Allegion PLC, visit the company's stock summary page on GuruFocus.

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This article first appeared on GuruFocus.