Insider Sale: President & CEO Michael Williams Sells Shares of Metallus Inc (MTUS)

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On May 15, 2024, Michael Williams, President & CEO of Metallus Inc (MTUS, Financial), sold 5,919 shares of the company. The transaction was reported in a recent SEC Filing. Following this transaction, the insider has sold a total of 99,273 shares over the past year, with no recorded purchases.

Metallus Inc (MTUS, Financial) is a company that specializes in the manufacturing and distribution of various metal products. The company serves a diverse range of industries, providing essential components for construction, automotive, and industrial applications.

On the date of the sale, shares of Metallus Inc were priced at $23.02. This pricing gives the company a market cap of approximately $1.006 billion. The price-earnings ratio of the stock stands at 13.66, which is below both the industry median of 14.15 and the company's historical median.

The GF Value of Metallus Inc is calculated at $21.09, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.09. The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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Over the past year, there have been no insider buys and 31 insider sells at Metallus Inc, indicating a trend of insider selling.

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This recent transaction by the insider may interest investors and analysts who track insider behaviors as indicators of company performance and stock valuation.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.