On May 3, 2024, Eric Dugas, the Executive Vice President and Chief Financial Officer of Clean Harbors Inc (CLH, Financial), sold 6,200 shares of the company. The transaction was filed on May 6, 2024, as reported in the SEC Filing. This sale is part of a series of transactions over the past year, where the insider sold a total of 10,598 shares.
Clean Harbors Inc is a provider of environmental, energy, and industrial services, including hazardous waste disposal, emergency response services, and recycling services. The company plays a crucial role in North America’s environmental and industrial infrastructure.
On the date of the sale, shares of Clean Harbors Inc were priced at $208.74, valuing the company with a market cap of approximately $11.39 billion. This pricing places the company's price-earnings ratio at 30.55, which is above the industry median of 20.85.
According to the GF Value, the intrinsic value of Clean Harbors Inc is estimated at $160.17 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.3.
The insider transaction history for Clean Harbors Inc shows a trend of insider selling, with 29 insider sells and no insider buys over the past year. This could be indicative of insiders’ perspectives on the stock’s valuation and future prospects.
Investors and stakeholders in Clean Harbors Inc may want to consider these insider transactions and the company’s current valuation metrics as part of their investment decision-making process.
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.
