On August 14, 2024, Tania Wingfield, Executive Vice President & Chief Human Resources Officer of BorgWarner Inc (NYSE:BWA), sold 7,934 shares of the company. The transaction was executed at a price of $32 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 38,082.25 shares of BorgWarner Inc.
BorgWarner Inc is a global product leader in clean and efficient technology solutions for combustion, hybrid, and electric vehicles. The company’s products help enhance vehicle performance, propulsion efficiency, stability, and air quality. The sale by the insider occurs as the stock trades below its GF Value, suggesting it might be undervalued.
Over the past year, Tania Wingfield has sold a total of 10,000 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within BorgWarner Inc, where there have been 8 insider sells and no insider buys over the past year.
On the valuation front, BorgWarner Inc’s shares are currently trading at a price-earnings ratio of 10.51, which is lower than the industry median of 14.93. The company’s market cap stands at $7.443 billion. With a current stock price of $32 and a GF Value of $41.11, the price-to-GF Value ratio is 0.78, indicating that the stock is modestly undervalued.
The GF Value is calculated considering historical trading multiples like price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might attract investor attention as they evaluate the stock’s current valuation and future prospects in light of recent insider activities.
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.
This article first appeared on GuruFocus.