Insider Sale: Director Paul Sullivan Sells Shares of Burlington Stores Inc (BURL)

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On September 19, 2024, Paul Sullivan, Director at Burlington Stores Inc (BURL, Financial), executed a sale of 1,705 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now directly owns 7,393 shares in the company.

Burlington Stores Inc (BURL, Financial) operates as a retailer of branded apparel products. The company provides a selection of fashion-focused merchandise, including women's ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, beauty, and home products at discount prices.

Over the past year, Paul Sullivan has sold a total of 1,705 shares of Burlington Stores Inc and has not made any purchases. The company's insider transaction history shows a total of 8 insider sells and no insider buys over the same period.

On the day of the sale, shares of Burlington Stores Inc were priced at $277.05. The company's market cap was approximately $17.31 billion. Burlington Stores Inc's price-earnings ratio stood at 40.93, which is above both the industry median of 17.73 and the company's historical median.

The stock's valuation, according to GF Value, is $222.32, indicating that with a trading price of $277.05, Burlington Stores Inc is considered modestly overvalued with a price-to-GF-Value ratio of 1.25.

The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business results.

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.