Insider Selling: Chief Enterprise Risk Officer Kara West Sells Shares of Capital One Financial Corp (COF)
Chief Enterprise Risk Officer Kara West of Capital One Financial Corp (NYSE:COF) made headlines recently after selling 1,212 shares of the company on May 2, 2024. This transaction was disclosed in a recent SEC filing, shedding light on insider activity within the financial services giant.
Capital One Financial Corp, based in McLean, Virginia, is known for its diverse range of financial products and services catering to consumers, small businesses, and commercial clients. Originally focused on credit cards, the company has since expanded its offerings to include banking and lending solutions.
West’s recent sale of shares is part of a larger trend within the company, with a total of 26 insider sells and no insider buys over the past year. In the past year, West has sold a total of 3,574 shares of the company, indicating a significant divestment of her holdings.
On the day of the sale, shares of Capital One Financial Corp were trading at $141.87, with a market capitalization of approximately $54.39 billion. The company’s price-earnings ratio stands at 11.15, below the industry median of 14.71, suggesting a potentially undervalued stock.
According to GuruFocus, the intrinsic value of the stock is estimated at $142.83, making the price-to-GF-Value ratio 0.99. This indicates that the stock is fairly valued based on historical trading multiples and future business performance estimates.
Investors monitoring insider behaviors and company valuation metrics may find West’s sale of shares noteworthy. While this article provides general insights, it is not tailored financial advice and does not constitute a recommendation to buy or sell any stock. It is based on historical data and analyst projections, aiming to deliver long-term, fundamental analysis.
For more information on this insider selling activity at Capital One Financial Corp, visit GuruFocus for the full article.