Insider Sale: Director Jackwyn Nemerov Sells Shares of TJX Companies Inc (TJX)

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On September 12, 2024, Jackwyn Nemerov, Director at TJX Companies Inc (TJX, Financial), sold 1,183 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 1,192 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, the insider transaction history at TJX Companies Inc shows a total of 17 insider sells and no insider buys. Specifically, Jackwyn Nemerov has sold a total of 1,183 shares and has not purchased any shares within this timeframe.

On the day of the sale, shares of TJX Companies Inc were priced at $117.71. The company's market cap was approximately $134.90 billion. TJX Companies Inc's price-earnings ratio stood at 28.89, which is above both the industry median of 17.615 and the company’s historical median.

The stock is considered Modestly Overvalued with a price-to-GF Value ratio of 1.24, based on a GF Value of $94.94. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

This sale by Jackwyn Nemerov might interest investors tracking insider behaviors, especially considering the stock's valuation metrics and recent price levels.

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.