On January 9, 2024, Mark Spurbeck, the EVP and CFO of Peabody Energy Corp (BTU, Financial), sold 4,827 shares of the company's stock, according to a recent SEC Filing. The transaction was executed with the shares priced at $24.94 each, resulting in a total sale amount of $120,389.38.
Peabody Energy Corp is a prominent player in the coal industry, engaged in the mining of thermal coal for electricity generation and metallurgical coal for steel production. The company operates through various segments, including Mining, Mining Related Logistics, and Corporate and Other. It serves customers in more than 25 countries on six continents.
Over the past year, the insider has sold a total of 25,897 shares of Peabody Energy Corp and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of 14 insider sells and no insider buys over the same timeframe.
On the valuation front, Peabody Energy Corp's shares were trading at $24.94 on the day of the insider's recent sale, giving the company a market capitalization of $3.134 billion. The price-earnings ratio stands at 3.16, which is below both the industry median of 7.29 and the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a stock price of $24.94 and a GF Value of $14.97, Peabody Energy Corp is currently Significantly Overvalued, with a price-to-GF-Value ratio of 1.67.
The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider selling as it can provide insights into an insider's perspective on the value of the company's stock. However, insider transactions are not always indicative of future stock performance and can be influenced by various factors, including personal financial needs and portfolio diversification strategies.
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.
