Insider Sale at Brunswick Corp (BC): E.V.P. & President BA Brenna Preisser Sells 1,225 Shares

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On May 9, 2024, Brenna Preisser, Executive Vice President & President of Business Acceleration at Brunswick Corp (BC, Financial), sold 1,225 shares of the company. The transaction was documented in a recent SEC Filing. Over the past year, the insider has sold a total of 2,534 shares and has not purchased any shares.

Brunswick Corp (BC, Financial) is a global leader in the design, manufacture, and marketing of recreational marine products. The company's portfolio includes marine engines, boat manufacturing, and parts and accessories for the marine industry.

On the date of the sale, shares of Brunswick Corp were priced at $82.09, resulting in a market cap of approximately $5.63 billion. The company's price-earnings ratio stands at 15.50, which is below both the industry median of 16.88 and the historical median for the company.

According to the GF Value, the intrinsic value of Brunswick Corp is estimated at $82.32 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.

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The insider transaction history for Brunswick Corp shows no insider purchases in the past year, with 11 insider sales recorded during the same period.

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This sale by the insider might interest investors tracking insider behaviors, especially considering the company's valuation metrics and market performance.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.