Snap-on Inc’s Sr VP – Finance & CFO Aldo Pagliari Sells 3,231 Shares

Aldo Pagliari, the Sr VP – Finance & CFO of Snap-on Inc (NYSE:SNA), has sold 3,231 shares of the company on February 23, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $270.58 per share, resulting in a total sale amount of $874,133.98.

Snap-on Inc is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users. The company’s products and services are critical to a wide range of industries, including automotive, aviation, marine, and industrial sectors.

Over the past year, the insider has sold a total of 18,950 shares of Snap-on Inc and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of 22 insider sells and no insider buys over the same timeframe.

On the day of the insider’s recent sale, shares of Snap-on Inc were trading at $270.58, giving the company a market capitalization of $14.282 billion. The price-earnings ratio of the stock stands at 14.45, which is below 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 1.04, with a GF Value of $259.48, indicating that Snap-on Inc is considered Fairly Valued based on its GF Value. 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.

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.