Regal Rexnord Corp EVP and Pres. IPS Jerrald Morton Sells Company Shares

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Jerrald Morton, EVP and Pres. IPS of Regal Rexnord Corp (RRX, Financial), has sold 2,992 shares of the company on February 12, 2024, according to a recent SEC Filing. Regal Rexnord Corp is a global leader in the engineering and manufacturing of electric motors and controls, power generation products, and power transmission products, serving customers around the world.

Over the past year, the insider has sold a total of 2,992 shares and has not made any purchases of the company's stock.

The insider transaction history at Regal Rexnord Corp indicates a pattern of 1 insider buy and 3 insider sells over the past year.

On the date of the insider's recent transaction, shares of Regal Rexnord Corp were trading at $154.34, giving the company a market capitalization of $10.178 billion.

The stock's price-to-GF-Value ratio stands at 0.9, with a GuruFocus Value of $172.01, suggesting that Regal Rexnord Corp is modestly undervalued.

The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.

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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.