Theodore Shasta Sells 11,261 Shares of MBIA Inc (MBI)

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Jan 04, 2025
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On December 30, 2024, Theodore Shasta, a Director at MBIA Insurance Corporation, sold 11,261 shares of MBIA Inc (MBI, Financial). Following this transaction, the insider now owns 71,364 shares of the company. The transaction details can be found in the SEC Filing. MBIA Inc (MBI) is a financial services company that provides financial guarantee insurance, as well as related reinsurance, advisory, and other services. The company operates through its subsidiaries, offering products and services to the public finance and structured finance markets. 1875334934965678080.png Over the past year, Theodore Shasta has sold a total of 32,666 shares and has not purchased any shares. The insider transaction history for MBIA Inc indicates that there have been no insider buys in the past year, while there have been three insider sells during the same period. 1875334976933883904.png On the day of the recent sale, shares of MBIA Inc were trading at $6.13 each, giving the stock a market cap of $348.535 million. The stock's GF Value is estimated at $1.63, resulting in a price-to-GF-Value ratio of 3.76, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on three factors: - Historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

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