Senior Vice President Michael Carrieri Sells 5,200 Shares of NAPCO Security Technologies Inc (NSSC)

On February 9, 2024, Senior Vice President Michael Carrieri executed a sale of 5,200 shares of NAPCO Security Technologies Inc (NSSC, Financial), according to a recent SEC Filing. NAPCO Security Technologies Inc is a manufacturer of security products, including electronic locking devices, alarm systems, and building access control systems. The company's products are used in various applications, including residential, commercial, institutional, and industrial establishments.

Over the past year, the insider has sold a total of 5,200 shares and has not made any purchases of the company's stock. The recent transaction is part of a series of insider sales, as there have been 4 insider sells and no insider buys over the past year for NAPCO Security Technologies Inc.

Shares of NAPCO Security Technologies Inc were trading at $45.92 on the day of the insider's sale, giving the company a market capitalization of $1.696 billion. The price-earnings ratio of the stock stands at 39.75, which is above both the industry median of 18.01 and the company's historical median price-earnings ratio.

The stock's price-to-GF-Value ratio is 1.41, with a GF Value of $32.51, indicating that NAPCO Security Technologies Inc is significantly overvalued according to GuruFocus's valuation model. The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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The insider trend image above reflects the recent insider selling activity for the company.

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The GF Value image provides a visual representation of the stock's valuation in comparison to its intrinsic value estimate.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.