On September 13, 2024, Lisa Harper, CEO of Torrid Holdings Inc (CURV, Financial), executed a significant transaction by selling 498,087 shares of the company. The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 5,596,314 shares of Torrid Holdings Inc.
Torrid Holdings Inc operates as a direct-to-consumer apparel and accessories brand in North America. The company focuses on women's plus-size clothing and is known for its emphasis on fit, empowering its customers to feel confident and stylish.
Over the past year, the insider has sold a total of 498,087 shares and has not made any purchases. This recent sale aligns with a broader trend within the company, where there have been more insider sales than buys. Specifically, there have been 4 insider sales and only 1 insider buy over the past year.
On the day of the sale, shares of Torrid Holdings Inc were trading at $3.8 each. This pricing gives the company a market cap of approximately $419.768 million. The price-earnings ratio of the company stands at 30.08, which is above the industry median of 17.58.
According to the GF Value, the intrinsic value of Torrid Holdings Inc is estimated at $4.70 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.81. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates provided by Morningstar analysts.
This insider sale might draw the attention of current and potential investors, as it provides insights into the insider's perspective on the stock's valuation and future prospects.
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.
