General Motors Co (NYSE:GM) Executive Vice President Julian Blissett sold 13,826 shares of the company's stock on February 20, 2024, according to a SEC Filing. The transaction was executed at an average price of $38.24 per share, resulting in a total value of $528,762.24.
General Motors Co, headquartered in Detroit, Michigan, is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun, Wuling and Jiefang brands.
Over the past year, the insider has sold a total of 13,826 shares and has not made any purchases. The recent sale represents a continuation of this selling trend.
The insider transaction history for General Motors Co shows a pattern of insider activity. In the past year, there has been a total of 1 insider buy and 2 insider sells.
On the valuation front, General Motors Co's shares were trading at $38.24 on the day of the insider's recent transaction. The company has a market capitalization of $45.59 billion. The price-earnings ratio of the stock stands at 5.39, which is below the industry median of 16.55 and also below the company's historical median price-earnings ratio.
According to the GF Value, with a share price of $38.24 and a GuruFocus Value of $51.55, General Motors Co has a price-to-GF-Value ratio of 0.74, indicating that the stock is modestly undervalued.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
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.
