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Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)

Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)

On August 20, 2024, Vinod Khilnani, Director at ESCO Technologies Inc (NYSE:ESE), sold 3,940 shares of the company’s stock, according to the SEC filing. Following this transaction, the insider now owns 21,947 shares of the company’s stock.

ESCO Technologies Inc (NYSE:ESE) is a global provider of engineered products and solutions for a variety of industries, including aerospace, defense, utilities and industrial. The company’s offerings include filter products, electromagnetic compatibility testing and utility solutions, among others.

Over the past year, Vinod Khilnani has sold a total of 4,000 shares and made no purchases. ESCO Technologies Inc.’s insider transaction history shows no insider purchases over the past year, but three insider sales were recorded during the same period.

On the day of the sale, ESCO Technologies Inc. shares were trading at $120.01. This price gives the company a market capitalization of approximately $3.07 billion. The stock’s price-to-earnings ratio is 30.86, which is higher than both the industry median of 21.67 and the company’s historical median.

ESCO Technologies Inc.’s GF Value is $110.19, resulting in a Price to GF Value ratio of 1.09, indicating that the stock is fairly valued.

Insider sale: Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)Insider sale: Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)

Insider sale: Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)

Insider sale: Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)Insider sale: Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)

Insider sale: Director Vinod Khilnani sells shares of ESCO Technologies Inc (ESE)

The GF value is calculated based on historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, adjusted for the company’s past performance and estimated future business results.

This insider sale may be of interest to investors who track insider behavior and company valuation to understand market sentiment and potential future stock movements.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.

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