On February 20, 2024, Gurminder Bedi, a director at Blue Bird Corp (NASDAQ: BLBD), bought 8,719 shares of the corporate’s inventory, in accordance with a recent SEC Filing. Over the previous yr, the insider has bought a complete of 8,719 shares and has not made any purchases of the inventory.
Blue Bird Corp is thought for its function as a number one impartial designer and producer of faculty buses. The firm additionally offers aftermarket elements and companies for the college bus market.
The insider transaction historical past at Blue Bird Corp reveals a sample of insider gross sales, with 14 insider sells recorded over the previous yr and no insider buys throughout the identical interval.
On the date of the insider’s recent sale, shares of Blue Bird Corp had been buying and selling at $31.45, giving the corporate a market capitalization of $970.948 million.
The inventory’s price-earnings ratio stands at 15.87, which is under each the business median of 16.55 and the corporate’s historic median price-earnings ratio.
With the present share worth at $31.45 and a GuruFocus Value of $25.67, Blue Bird Corp’s price-to-GF-Value ratio is 1.23, indicating that the inventory is taken into account Modestly Overvalued in accordance with GuruFocus’s valuation mannequin.
The GF Value is calculated by GuruFocus utilizing a mix of historic buying and selling multiples, an adjustment issue based mostly on the corporate’s previous efficiency, and future business efficiency estimates supplied by Morningstar analysts.
This article, generated by GuruFocus, is designed to supply common insights and isn’t tailor-made monetary recommendation. Our commentary is rooted in historic information and analyst projections, using an neutral methodology, and isn’t supposed to function particular funding steering. It doesn’t formulate a suggestion to buy or divest any inventory and doesn’t think about individual funding goals or monetary circumstances. Our goal is to ship long-term, basic data-driven evaluation. Be conscious that our evaluation may not incorporate essentially the most recent, price-sensitive firm bulletins or qualitative data. GuruFocus holds no position within the shares talked about herein.
This article first appeared on GuruFocus.
