Insider Sale: SEVP, CFO John Klinger Sells Shares of TJX Companies Inc (TJX)

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On June 3, 2024, John Klinger, Senior Executive Vice President and Chief Financial Officer of TJX Companies Inc (TJX, Financial), sold 6,785 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 42,397 shares of TJX Companies Inc.

TJX Companies Inc operates as an off-price apparel and home fashions retailer in the United States and internationally. It offers a wide range of clothing, footwear, home goods, and other products.

Over the past year, John Klinger has sold a total of 6,785 shares and has not purchased any shares. The insider transaction history for TJX Companies Inc shows no insider buys in the past year, with a total of 15 insider sells during the same period.

Shares of TJX Companies Inc were trading at $105.1 on the day of the transaction. The company has a market cap of approximately $119.65 billion. The price-earnings ratio stands at 26.27, which is above both the industry median of 18.045 and the company's historical median.

The stock's current price of $105.1 compared to the GF Value of $93.39 indicates a price-to-GF-Value ratio of 1.13, suggesting that TJX Companies Inc is modestly overvalued.

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to past returns and growth, and future business performance estimates from analysts.

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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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.