On May 10, 2024, Jonathan Banner, EVP - Chief Impact Officer of McDonald's Corp (MCD, Financial), sold 800 shares of the company. The transaction was documented in a recent SEC Filing. This sale is part of a broader trend observed over the past year, where the insider has sold a total of 800 shares and made no purchases.
McDonald's Corp operates globally as a fast-food restaurant chain, known for its hamburgers, chicken, french fries, breakfast items, soft drinks, and desserts. The company has established a significant presence worldwide, adapting its menu to meet local tastes and preferences.
Shares of McDonald's Corp were trading at $275.02 on the day of the sale. The company's market cap is approximately $195.54 billion. McDonald's Corp has a price-earnings ratio of 23.03, which is slightly lower than the industry median of 23.315 and below the company's historical median.
The stock is considered Modestly Undervalued with a price-to-GF-Value ratio of 0.91, based on a GF Value of $301.17. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
Over the past year, there have been no insider buys and 24 insider sells at McDonald's Corp, indicating a trend of insider sales.
This insider activity and the current valuation metrics provide investors with data points to consider when evaluating their investment in McDonald's Corp.
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.
