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Insider Sale: Director Christopher Causey Sells Shares of United Therapeutics Corp (UTHR)

On May 15, 2024, Director Christopher Causey sold 2,000 shares of United Therapeutics Corp (NASDAQ:UTHR) as reported in a recent SEC Filing. The shares were sold at a price of $272.9 each, totaling $545,800.

United Therapeutics Corp, a biotechnology firm, focuses on the development and commercialization of unique products to address the unmet medical needs of patients with chronic and life-threatening conditions.

Over the past year, the insider has sold a total of 7,640 shares of United Therapeutics Corp and has not made any purchases. This recent transaction follows a trend observed over the past year, where there have been 61 insider sells and no insider buys.

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The company's shares were trading at $272.9 on the day of the sale, giving the company a market cap of approximately $12.08 billion. United Therapeutics Corp holds a price-earnings ratio of 12.87, which is lower than both the industry median of 28.295 and the companys historical median.

According to the GF Value, the intrinsic value of the stock is estimated at $283.05, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.96.

Insider Sale: Director Christopher Causey Sells Shares of United Therapeutics Corp (UTHR)
Insider Sale: Director Christopher Causey Sells Shares of United Therapeutics Corp (UTHR)

The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

Insider Sale: Director Christopher Causey Sells Shares of United Therapeutics Corp (UTHR)
Insider Sale: Director Christopher Causey Sells Shares of United Therapeutics Corp (UTHR)

This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at United Therapeutics Corp.

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.

This article first appeared on GuruFocus.