President of Otis Asia Pacific, Montlivault De, has sold 18,393 shares of Otis Worldwide Corp (OTIS, Financial) on February 21, 2024, according to a recent SEC Filing. Otis Worldwide Corp is a company that provides elevators, escalators, and moving walkways. The company operates in more than 200 countries and territories, and offers products and services through its subsidiaries.
Over the past year, the insider has sold a total of 18,393 shares and has not made any purchases of the company's stock. The insider transaction history for Otis Worldwide Corp shows a pattern of 7 insider sells and 0 insider buys over the past year.
On the day of the insider's recent sell, shares of Otis Worldwide Corp were trading at $91.1, resulting in a market capitalization of $37,918.117 billion. The price-earnings ratio of the stock stands at 27.59, which is above both the industry median of 21.72 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.05, with a GF Value of $86.94, indicating that Otis Worldwide Corp is considered Fairly Valued based on its GF Value. The GF Value is calculated using historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at Otis Worldwide Corp.
The GF Value image provides an insight into the stock's valuation, suggesting that the current price is in line with the intrinsic value estimated by GuruFocus.
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.
