Insider Sale: Director Jeffrey Tweedy Sells Shares of Academy Sports and Outdoors Inc (ASO)

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On September 18, 2024, Jeffrey Tweedy, Director at Academy Sports and Outdoors Inc (ASO, Financial), executed a sale of 1,200 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now directly owns 8,906 shares of the company.

Academy Sports and Outdoors Inc operates as a full-line sporting goods and outdoor recreation retailer in the United States. It offers a broad assortment of hunting, fishing, and camping equipment and gear, along with sports and leisure products, footwear, and apparel.

Over the past year, Jeffrey Tweedy has sold a total of 5,855 shares of Academy Sports and Outdoors Inc and has not made any purchases of the stock. This recent transaction continues a trend observed over the past year, where there have been six insider sales and no insider buys.

Shares of Academy Sports and Outdoors Inc were trading at $62 on the day of the sale. The company has a market cap of approximately $4.40 billion. The price-earnings ratio of the company stands at 9.69, which is lower than the industry median of 17.745.

According to the GF Value, the intrinsic value of the stock is estimated at $53.99, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.15.

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The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

This sale by the insider at Academy Sports and Outdoors Inc provides an interesting data point for investors tracking insider behaviors and company valuation metrics.

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.