President Electrical Solutions Mark Mikes executed a sale of 1,045 shares of Hubbell Inc (HUBB, Financial) on February 7, 2024, according to a recent SEC Filing. Hubbell Inc is an international manufacturer of quality electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications.
Over the past year, the insider has sold a total of 1,045 shares and has not made any purchases of the company's stock.
The insider transaction history for Hubbell Inc indicates a pattern of more insider sales than buys over the past year, with 11 insider sells and only 1 insider buy recorded.
On the date of the insider's recent transaction, shares of Hubbell Inc were trading at $357.56, giving the company a market capitalization of $19,467.121 billion.
The price-earnings ratio of Hubbell Inc stands at 25.84, which is above both the industry median of 20.625 and the company's own historical median price-earnings ratio.
According to the GF Value, with a share price of $357.56 and a GuruFocus Value of $284.11, Hubbell Inc's price-to-GF-Value ratio is 1.26, suggesting that the stock is modestly overvalued.
The GF Value is calculated 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.
