Superior Group Of Companies Inc (SGC, Financial), a company specializing in the provision of uniform programs, promotional products, and related services, has reported an insider sale according to a recent SEC filing. Philip Koosed, the Chief Strategy Officer, sold 9,000 shares of the company on March 18, 2024. The transaction was disclosed in an SEC Filing.
Over the past year, the insider has sold a total of 9,000 shares and has not made any purchases of the company's stock. This latest transaction continues a pattern of insider activity at Superior Group Of Companies Inc, which has seen a balance of insider buys and sells over the past year, with 3 insider buys and 3 insider sells reported.
On the valuation front, shares of Superior Group Of Companies Inc were trading at $15.64 on the day of the insider's recent sale, resulting in a market capitalization of $272.368 million. The company's price-earnings ratio stands at 29.64, which is above both the industry median of 19.27 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.1, indicating that Superior Group Of Companies Inc is considered Modestly Overvalued based on its GF Value of $14.22. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which factors in historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's decision to sell shares could be interpreted in various ways by investors, but it is important to consider the transaction within the broader context of the company's performance, valuation metrics, and overall insider trading trends.
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.
