Categories: Insider Trading News

Toll Brothers CFO sells $1.4 million in inventory


Connor Martin P., the Chief Monetary Officer of Toll Brothers , Inc. (NYSE:TOL), a $12.6 billion luxurious homebuilder with a robust monetary well being score in accordance with InvestingPro, not too long ago bought a good portion of his holdings within the firm. In keeping with a submitting with the Securities and Trade Fee, Martin bought 11,140 shares of widespread inventory on December 30, 2024. The shares had been bought at a volume-weighted common worth of $126.07, with precise sale costs starting from $125.77 to $126.30. This transaction amounted to a complete worth of roughly $1.4 million. Following this sale, Martin retains possession of 20,618 shares within the firm. The inventory at present trades at a gorgeous P/E ratio of 8.3, and InvestingPro evaluation suggests the inventory is undervalued. For deeper insights into Toll Brothers’ valuation and 13 extra ProTips, together with administration’s aggressive share buyback program, entry the great Professional Analysis Report obtainable on InvestingPro.

In different latest information, Toll Brothers, a luxurious homebuilding firm, has seen diverse projections from totally different analyst corporations. Raymond (NS:RYMD) James has lowered its worth goal for the corporate from $170 to $165, whereas sustaining a Sturdy Purchase score following a evaluate of the corporate’s robust fourth-quarter outcomes. However, JPMorgan downgraded the inventory from Chubby to Impartial and lowered its worth goal to $150, citing considerations concerning the future efficiency of the homebuilding sector.

RBC Capital Markets, nevertheless, has elevated its worth goal for Toll Brothers to $150, sustaining an Outperform score primarily based on the anticipated rise within the firm’s earnings per share for the fiscal 12 months 2025. Equally, Evercore ISI raised its worth goal for the corporate to $184, additionally sustaining an Outperform score, regardless of the corporate’s lower-than-expected margin outlook.

These are latest developments, reflecting analysts’ diverse outlooks primarily based on the corporate’s efficiency and the broader market circumstances. These projections come from complete critiques and evaluation of the corporate’s monetary well being, profitability metrics, and anticipated future efficiency.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.

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