Chief People Officer Mary Finn sold 3,763 shares of Signet Jewelers Ltd (SIG, Financial) on September 16, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 43,058 shares of the company.
Signet Jewelers Ltd (SIG, Financial) is a leading retailer of diamond jewelry. The company operates in multiple countries and owns several well-known brands, including Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, and Piercing Pagoda.
Over the past year, Mary Finn has sold a total of 36,057 shares and has not purchased any shares. This recent sale is part of a broader trend at Signet Jewelers Ltd, where there have been 51 insider sells and no insider buys over the past year.
On the day of the sale, shares of Signet Jewelers Ltd were trading at $92.32. This pricing gives the company a market cap of approximately $4.05 billion. The price-earnings ratio of the stock stands at 10.63, which is below the industry median of 17.615.
According to the GF Value, the intrinsic value of Signet Jewelers Ltd is estimated at $83.62 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.1. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of corporate confidence and potential future stock performance.
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.
