Director Clint Moore Sells 4,000 Shares of MarineMax Inc (HZO)

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Director Clint Moore has sold 4,000 shares of MarineMax Inc (HZO, Financial) on March 11, 2024, according to a recent SEC filing. The transaction was executed at an average price of $31.12 per share, resulting in a total sale amount of $124,480.

MarineMax Inc, operating under the symbol HZO, is the nation's largest recreational boat and yacht retailer. The company sells new and used recreational boats, including pleasure boats, fishing boats, and yachts, as well as related marine products and services. MarineMax Inc operates through a network of retail locations across the United States.

Over the past year, the insider has engaged in the sale of 4,000 shares and has not made any purchases of the company's stock. The insider transaction history for MarineMax Inc reveals a pattern of 0 insider buys and 3 insider sells over the past year.

On the date of the insider's recent sale, MarineMax Inc's shares were trading at $31.12, giving the company a market capitalization of $685.938 million. The price-earnings ratio of the company stood at 7.61, which is below the industry median of 18.35 and also below the company's historical median price-earnings ratio.

The stock's price-to-GF-Value ratio was 0.73, with a GF Value of $42.76, indicating that MarineMax Inc was modestly undervalued according to GuruFocus's intrinsic value estimate. The GF Value is determined by 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 MarineMax Inc.

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The GF Value image above provides an insight into the stock's valuation relative 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.