Edith Flatley, EVP - Global CMO of McDonald's Corp (NYSE:MCD), sold 4,346 shares of the company on February 23, 2024, according to a recent SEC filing. The transaction was executed at an average price of $295.32 per share, resulting in a total sale amount of $1,283,070.72.
McDonald's Corp operates and franchises McDonald's restaurants, which serve a locally-relevant menu of food and drinks at affordable prices. As a global foodservice retailer, McDonald's boasts over 38,000 locations in over 100 countries. More than 90% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
Over the past year, the insider has sold a total of 7,346 shares of McDonald's Corp and has not made any purchase of the stock. The recent sale by the insider is part of a series of transactions over the same period.
The insider transaction history for McDonald's Corp shows a pattern of insider selling. In the past year, there has been only 1 insider buy and 24 insider sells. This trend is depicted in the following insider trend image:
Regarding the company's valuation, McDonald's Corp had a market cap of $212.109 billion on the day of the insider's recent sale. The stock's price-earnings ratio stood at 25.39, which is above both the industry median of 24.11 and the company's historical median price-earnings ratio.
Based on the trading price of $295.32 and the GuruFocus Value of $300.27, McDonald's Corp has a price-to-GF-Value ratio of 0.98, indicating that the stock is Fairly Valued in relation to its GF Value. The GF Value is an intrinsic value estimate that considers historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The data provided offers an objective view of the insider's recent transaction and the company's valuation metrics without the use of adjectives or personal analysis.
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.
