John Thornton, Director, Purchases Ford Motor Co (F) Shares

On June 6, 2024, John Thornton, Director at Ford Motor Co (NYSE:F), made a significant move by purchasing 24,790 shares of the company, as reported in a recent SEC Filing. This transaction has boosted the insider’s ownership to 389,576 shares of Ford Motor Co.

Ford Motor Co, a renowned global company, is recognized for its production and sale of automobiles and commercial vehicles under the Ford brand, as well as luxury cars under the Lincoln brand. The shares were acquired at a price of $12.08 per share, totaling approximately $299,471.20.

Over the past year, insider activity at Ford Motor Co has been balanced, with 2 insider buys and 2 insider sells. John Thornton has been actively buying shares, accumulating a substantial number through purchases.

In terms of valuation, Ford Motor Co’s shares are currently trading with a market cap of $48.51 billion. The stock’s price-earnings ratio stands at 12.53, below the industry median of 15.66. The GF Value of $15.38 indicates that the stock is modestly undervalued, with a price-to-GF-Value ratio of 0.79.

This insider purchase by Director John Thornton could potentially signal to investors the perceived value of the stock at its current levels, given the significant increase in the insider’s stake in the company. Investors may take note of this move as they evaluate their investment decisions in Ford Motor Co.