On October 3, 2024, Peter Mavoides, President and Chief Executive Officer of Essential Properties Realty Trust Inc (EPRT, Financial), executed a sale of 27,817 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $32.77 per share. Following this transaction, the insider now owns 418,259 shares of the company.
Essential Properties Realty Trust Inc operates in the real estate sector, primarily focusing on single-tenant properties leased to middle-market companies that perform essential services or sell essential goods. This includes properties such as restaurants, car washes, automotive services, medical services, and early childhood education centers.
Over the past year, Peter Mavoides has sold a total of 300,890 shares and has not made any purchases of the company's stock. The insider transaction history for Essential Properties Realty Trust Inc shows a total of 17 insider sells and no insider buys over the same timeframe.
Shares of Essential Properties Realty Trust Inc were trading at $32.77 on the day of the sale, giving the company a market cap of approximately $5.71 billion. The price-earnings ratio of the company stands at 27.84, which is above the industry median of 15.57.
The stock's valuation according to the GF Value is $27.98, indicating that with a current price of $32.77, Essential Properties Realty Trust Inc is modestly overvalued with a price-to-GF-Value ratio of 1.17.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the stock's current valuation metrics against its historical performance and industry standards.
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.
