On September 17, 2024, George Herrera, a Director at Travel+Leisure Co (TNL, Financial), executed a sale of 2,193 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now directly owns 6,352 shares in the company.
Travel+Leisure Co (TNL, Financial) is a global provider of hospitality services and experiences. The company offers vacation ownership resorts, exchanges, and rentals along with managing a diverse portfolio of travel and leisure businesses.
Over the past year, George Herrera has sold a total of 7,005 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 9 insider sells and only 1 insider buy over the last year.
Shares of Travel+Leisure Co were priced at $42.48 on the day of the transaction. The company currently holds a market cap of approximately $2.96 billion. The price-earnings ratio stands at 7.08, which is significantly lower than the industry median of 18.36 and below the company's historical median.
According to the GF Value, the intrinsic value of Travel+Leisure Co is estimated at $49.72 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.85.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels regarding the company's current 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.
