Insider Sale: Director V. Martin Sells 22,009 Shares of Rayonier Inc (RYN)

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On September 12, 2024, V. Martin, Director at Rayonier Inc (NYSE:RYN), executed a sale of 22,009 shares of the company. The transaction was filed on the same day with the SEC, and the details can be viewed in the SEC Filing. Following this transaction, the insider now owns 28,169.5 shares of Rayonier Inc.

Rayonier Inc, a company engaged in the business of timberland management and the production of cellulose fibers, has seen this transaction occur at a share price of $30.62. This pricing gives the company a market cap of approximately $4.70 billion.

Over the past year, the insider transaction history at Rayonier Inc shows a trend with 0 insider buys and 1 insider sell, including the recent transaction by the insider. The insider has sold a total of 22,009 shares over the past year and has not made any purchases.

The current price-earnings ratio of Rayonier Inc stands at 31.55, which is above the industry median of 16.93. The stock's GF Value, an intrinsic value estimate from GuruFocus, is $32.78, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.93.

The GF Value is calculated based on historical trading multiples like 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 analysts.

This insider sale could be of interest to current and potential investors, providing insight into how insiders are positioning themselves with respect to their holdings in Rayonier 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.