Nathan Manning, Chief Operating Officer of Global Field Operations at Johnson Controls International PLC (JCI, Financial), sold 3,000 shares of the company on May 6, 2024. The transaction was reported in a recent SEC Filing.
Johnson Controls International PLC is a global leader in building products and technology, integrated solutions, and energy storage. This company operates in various sectors including building management, HVAC systems, and security technologies for buildings.
Over the past year, the insider has sold a total of 38,478 shares and has not purchased any shares. This recent sale is part of a broader trend where there have been 16 insider sells and no insider buys over the past year.
On the date of the sale, shares of Johnson Controls International PLC were priced at $62.86, resulting in a market cap of approximately $43.43 billion. The price-earnings ratio of the company stands at 26.10, which is above the industry median of 15.57.
According to the GF Value, the intrinsic value of the stock is estimated at $66.78, making the price-to-GF-Value ratio 0.94. This suggests that the stock is Fairly Valued.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor and future business performance estimates.
This sale by the insider might be of interest to investors tracking insider activities as an indicator of potential stock performance or company health.
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.
