Insider Sells 12,000 Shares of Steelcase Inc, Market Cap at $1.214 Billion

Steelcase Inc's Chief Operating Officer Robert Krestakos sold 12,000 shares on July 11, 2025, leaving him with 127,912 shares. The company is a global leader in office furniture, providing innovative solutions to enhance the work experience. Steelcase's shares were trading at $10.63 with a market cap of $1.214 billion. The price-to-GF-Value ratio is 0.94, indicating that the stock is fairly valued.

Title: Steelcase Inc: Insider Selling and Market Valuation

Steelcase Inc's Chief Operating Officer, Robert Krestakos, sold 12,000 shares on July 11, 2025, leaving him with 127,912 shares. The company, a global leader in the office furniture industry, provides innovative solutions designed to enhance the work experience and improve productivity. Steelcase's shares were trading at $10.63 with a market capitalization of $1.214 billion. The price-to-GF-Value ratio of 0.94 indicates that the stock is fairly valued [1].

Over the past year, Robert Krestakos has sold a total of 27,000 shares, with no new purchases. This transaction follows a trend of eight insider sells in the past year, with no insider buys reported. As of the recent transaction, Steelcase Inc's shares were trading at $10.63, giving the stock a market cap of $1.214 billion. The company's price-earnings ratio stands at 10.28, which is lower than the industry median of 19.08 and also lower than the company’s historical median price-earnings ratio [1].

Analysts remain optimistic about Steelcase Inc's future prospects. The average one-year price target from four analysts stands at $16.25, indicating a potential upside of 49.49%. Target estimates range from $15.00 to $18.00, and the average brokerage recommendation is 2.0, suggesting an "Outperform" rating [2].

GuruFocus estimates the fair value of Steelcase at $11.78, implying an 8.37% upside based on historical trading multiples and projected business performance [2]. Despite short-term market caution, the broader outlook remains favorable. The company's recent earnings report showed a 3.84% net margin and a return on equity of 14.49%, with revenue of $779.00 million during the quarter, up 7.1% compared to the same period last year [4].

Institutional investors have also shown interest in Steelcase Inc. Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp, US Bancorp DE, GAMMA Investing LLC, Virtus Fund Advisers LLC, and Quarry LP have all increased their positions in Steelcase Inc, with the latter owning 8,344 shares valued at $99,000 [4].

Steelcase Inc announced a quarterly dividend of $0.10 per share, payable on July 21, 2025, to investors of record by July 7, 2025. This represents a $0.40 annualized dividend and a yield of 3.77% [4].

References:
[1] https://www.gurufocus.com/news/2973281/insider-sell-robert-krestakos-sells-12000-shares-of-steelcase-inc-scs
[2] https://www.interiordaily.com/article/9748674/steelcase-shares-slips-by-over-3-in-july-as-investor-caution-intensifies/
[3] https://finance.yahoo.com/quote/SCS/
[4] https://www.insidertrades.com/alerts/nyse-scs-insider-buying-and-selling-2025-07-12/