On May 6, 2024, Amanda Hodges, the Executive Vice President and Chief Marketing Officer of Republic Services Inc (RSG, Financial), sold 6,500 shares of the company. The transaction was filed with the SEC and can be viewed in detail here.
Republic Services Inc is a leader in the environmental services industry, providing non-hazardous solid waste and recycling services for commercial, industrial, municipal, and residential customers through its subsidiaries.
The shares were sold at a price of $186.02, valuing the transaction at approximately $1,209,130. This sale by the insider is part of a broader trend where there have been 4 insider sells and no insider buys in the past year. Over the past year, Amanda Hodges has sold a total of 9,212 shares of Republic Services Inc and has not purchased any shares.
The stock of Republic Services Inc currently holds a market cap of approximately $59.38 billion. The price-earnings ratio of the company stands at 33.08, which is above both the industry median of 20.545 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $171.38, making the current price-to-GF-Value ratio 1.09. This suggests that the stock is Fairly Valued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This recent insider sale might provide investors with context about how executives at Republic Services Inc view the stock's valuation and future prospects.
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.
