Insider Purchase by Vail Resorts Inc CFO Angela Korch

Angela Korch, the Executive Vice President and Chief Financial Officer of Vail Resorts Inc (NYSE:MTN), recently acquired 575 shares of the company on June 10, 2024, as reported in a SEC filing. This purchase brings her total holdings to 1,171 shares of Vail Resorts Inc.

Vail Resorts Inc operates a variety of ski resorts and vacation destinations in the United States, Canada, and Australia, including popular spots like Vail, Beaver Creek, and Whistler Blackcomb. With a market cap of approximately $6.78 billion, the company is a major player in the leisure and hospitality industry.

At the time of the purchase, shares of Vail Resorts Inc were trading at $176.20, with a price-earnings ratio of 23.83. While this is higher than the industry median, it falls below the company’s historical median. According to GF Value, the intrinsic value of Vail Resorts Inc is estimated at $277.74 per share, indicating that the stock may be undervalued.

In the past year, there has been 1 insider buy and 2 insider sells at Vail Resorts Inc. Angela Korch’s recent purchase stands out as a significant addition to her holdings, as she has bought a total of 575 shares in the past year without selling any.

The insider transaction trend, along with valuation metrics like GF Value, offers insight into the insider activities at Vail Resorts Inc. Investors interested in more detailed financial metrics can explore additional information on the company’s price-sales ratio, price-book ratio, and price-to-free cash flow.

It’s important to note that the information provided in this article is for general informational purposes only and should not be considered as financial advice. The analysis is based on historical data and analyst projections, and does not constitute specific investment recommendations. Readers are advised to conduct their own research and consider their individual financial goals before making any investment decisions.

Please note that this article was originally published on GuruFocus.