Insider Sale: Director Desiree Ralls-Morrison Sells Shares of Dick's Sporting Goods Inc (DKS)

Article's Main Image

On July 11, 2024, Desiree Ralls-Morrison, Director at Dick's Sporting Goods Inc (DKS, Financial), executed a sale of 3,489 shares of the company. Following this transaction, the insider now directly owns 5,609 shares in the company, as detailed in the SEC Filing.

Dick's Sporting Goods Inc operates as a leading omnichannel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear, and accessories. Through its various branches, the company caters to a wide range of sports and outdoor activities, ensuring a comprehensive shopping experience for sports enthusiasts and professionals.

As of the latest transaction, Dick's Sporting Goods Inc was trading at $206.65 per share, giving the company a market cap of approximately $18.06 billion. This valuation reflects a price-earnings ratio of 18.38, which is above both the industry median of 17.65 and the company's historical median.

The stock's current price also positions it above its GuruFocus Value (GF Value) of $156.66, indicating a price-to-GF-Value ratio of 1.32. This suggests that Dick's Sporting Goods Inc is significantly overvalued at present.

1811883508981985280.png

Over the past year, there have been 14 insider sells and 4 insider buys at Dick's Sporting Goods Inc. The insider transaction trend shows more selling activities than buying among the insiders, which could be an area of interest for investors monitoring insider behaviors.

1811883436332445696.png

Considering the valuation metrics, such as the price-sales ratio, price-book ratio, and price-to-free cash flow, along with the GF Value, investors might find these insights crucial for making informed decisions regarding their investments in Dick's Sporting Goods 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.

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.