On September 23, 2024, Valerie Jabbar, Senior Vice President of The Kroger Co (KR, Financial), sold 3,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 74,084 shares of The Kroger Co.
The Kroger Co, a leading grocery retailer, operates supermarkets, multi-department stores, marketplace stores, and price-impact warehouse stores. The company provides a wide range of products, including groceries, health and beauty care, pharmacy, and jewelry, among others.
Over the past year, Valerie Jabbar has sold a total of 18,000 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 10 insider sells and no insider buys over the past year.
On the day of the sale, shares of The Kroger Co were trading at $55.91. This pricing gives the company a market cap of approximately $40.50 billion. The price-earnings ratio of the stock stands at 14.65, which is below the industry median of 16.3 and also lower than the company's historical median.
According to the GF Value, The Kroger Co is currently modestly overvalued with a price-to-GF-Value ratio of 1.12, based on a GF Value of $49.72. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
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.
