Yahoo Finance Insider Sell: Cencora Inc (COR) Chairman, President & CEO Steven Collis Sells 10,754 Shares
Steven Collis, Chairman, President & CEO of Cencora Inc (NYSE:COR), sold 10,754 shares of the company on April 16, 2024, according to a recent SEC filing. The transaction was executed at an average price of $237.48 per share, resulting in a total value of approximately $2,554,892.92.
Cencora Inc is a company that operates in the technology sector, providing data center solutions and interconnection services. The company's offerings include colocation, interconnection, and managed IT infrastructure services to a variety of customers, including enterprises, network operators, cloud providers, and supporting services.
Over the past year, the insider has sold a total of 191,890 shares of Cencora Inc and has not made any purchases of the stock. The recent sale further contributes to the trend observed over the past year, where there have been no insider buys and 32 insider sells.
Shares of Cencora Inc were trading at $237.48 on the day of the insider's recent sale, giving the company a market capitalization of $47.55 billion. The price-earnings ratio of the stock stands at 25.99, which is above both the industry median of 16.25 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.26, indicating that Cencora Inc is considered Modestly Overvalued based on its GF Value of $188.65. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which factors in historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider transaction history and the current valuation metrics provide a data-driven snapshot of Cencora Inc's stock activity and market position as of the date of the insider's recent transaction.
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.
