Director Richard Schaum has sold 6,022 shares of Gentex Corp (GNTX, Financial) on February 1, 2024, according to a recent SEC Filing. The transaction was executed at a stock price of $33.93, resulting in a total sale amount of $204,306.46.
Gentex Corp is a company that specializes in the production of automatic-dimming rear-view mirrors, camera-based driver assistance systems, and other technologically advanced automotive systems for the global automotive industry.
Over the past year, the insider has sold a total of 11,446 shares of Gentex Corp and has not made any purchases of the stock. The insider transaction history for Gentex Corp shows a pattern of 8 insider sells and no insider buys over the past year.
On the valuation front, Gentex Corp's shares were trading at $33.93 on the day of the insider's recent sale, giving the company a market cap of $7.88 billion. The price-earnings ratio stands at 18.36, which is above both the industry median of 16.37 and the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a stock price of $33.93 and a GF Value of $39.06, Gentex Corp has a price-to-GF-Value ratio of 0.87, indicating that the stock is modestly undervalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, 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.
