Director Elizabeth Bruno Sells 5,000 Shares of Brady Corp (BRC)
Director Elizabeth Bruno of Brady Corp (NYSE:BRC), a global leader in industrial and safety printing systems and solutions, identification solutions, and workplace safety, has sold 5,000 shares of the company on March 28, 2024, according to a recent SEC filing.The transaction was executed at an average price of $59.7 per share, resulting in a total sale amount of $298,500. Following this transaction, the insider's stake in Brady Corp has decreased, reflecting a change in the insider's investment in the company.Over the past year, Elizabeth Bruno has sold a total of 36,752 shares of Brady Corp and has not made any purchases of the stock. This latest sale continues a trend of insider selling at the company, with a total of 7 insider sells and no insider buys over the past year.
The market capitalization of Brady Corp stands at $2.882 billion as of the date of the insider's recent sale. The stock's price-earnings ratio is 15.57, which is below both the industry median of 17.78 and the company's historical median price-earnings ratio, suggesting a lower valuation relative to its peers and its own historical valuation.Brady Corp's shares were trading at $59.7 on the day of the insider's sale, aligning with the company's market cap. The price-to-GF-Value ratio is 1.05, indicating that the stock is Fairly Valued when compared to the GF Value of $56.68.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.SEC Filing
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.
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