Insider Sale: Director Mark Beck Sells Shares of Owens & Minor Inc (OMI)

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On June 5, 2024, Mark Beck, Director at Owens & Minor Inc (OMI, Financial), executed a sale of 9,344 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 11,154 shares of Owens & Minor Inc.

Owens & Minor Inc, a company engaged in the healthcare logistics and supply chain solutions, has seen a series of insider transactions over the past year. According to the data, there have been zero insider purchases and 17 insider sales during this period. The insider transaction history reflects a trend of share disposals by company insiders.

On the valuation front, Owens & Minor Inc's shares were priced at $17.25 on the day of the transaction. The company has a market cap of approximately $1.35 billion. Based on the GF Value of $25.44, the stock is currently significantly undervalued, with a price-to-GF-Value ratio of 0.68.

The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. Additionally, adjustments are made based on the company’s past performance and expected future business outcomes as analyzed by Morningstar.

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The recent sale by the insider, Mark Beck, aligns with the broader trend of insider selling at Owens & Minor Inc, suggesting a consistent pattern of share disposals among the company's insiders over the past year.

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