On September 19, 2024, Douglas Shulman, President & Chief Executive Officer of OneMain Holdings Inc (OMF, Financial), executed a sale of 5,000 shares of the company. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 417,474 shares of OneMain Holdings Inc.
OneMain Holdings Inc (OMF, Financial) is a financial services holding company with interests primarily in consumer finance, including personal loan products. The company operates through its branches across the United States, providing secured and unsecured personal loans to individuals.
Over the past year, Douglas Shulman has sold a total of 39,000 shares of OneMain Holdings Inc and has not made any purchases of the stock. This recent sale continues a trend observed over the past year, where there have been 11 insider sells and no insider buys.
On the date of the sale, shares of OneMain Holdings Inc were priced at $50 each. This pricing gives the company a market cap of approximately $5.88 billion. The price-earnings ratio of the company stands at 10.08, which is below the industry median of 15.395.
According to the GF Value, the intrinsic value estimate for OneMain Holdings Inc is $46.26 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.08. 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 interest investors tracking insider behaviors as an indicator of company performance and valuation perspectives.
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.
