On September 5, 2024, Peter Mavoides, President and Chief Executive Officer of Essential Properties Realty Trust Inc (NYSE:EPRT), executed a sale of 27,817 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 446,076 shares of Essential Properties Realty Trust Inc.
Essential Properties Realty Trust Inc, listed under the symbol EPRT, operates as a real estate investment trust (REIT) that acquires, owns, and manages primarily single-tenant properties leased to middle-market companies operating service-oriented or experience-based businesses.
Over the past year, Peter Mavoides has sold a total of 273,073 shares and has not made any purchases of the company’s stock. This recent transaction is part of a broader trend observed within the company, where there have been 16 insider sells and no insider buys over the last year.
Shares of Essential Properties Realty Trust Inc were priced at $32.33 on the day of the sale. The company currently holds a market cap of approximately $5.66 billion. The price-earnings ratio stands at 27.61, which is above the industry median of 16.74.
According to the GF Value, the intrinsic value of Essential Properties Realty Trust Inc is estimated at $27.89 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.16.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company’s past performance, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, considering the valuation metrics and recent trading prices of Essential Properties Realty Trust Inc.
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.
