Alexis Depree, Chief Operating Officer of Nordstrom Inc (JWN, Financial), sold 20,000 shares of the company on September 24, 2024. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 169,331 shares of Nordstrom Inc.
Nordstrom Inc operates as a fashion retailer offering clothing, shoes, and accessories for men, women, and children. The company has both physical stores and online presence, catering to a diverse clientele seeking quality and trendy apparel.
On the day of the sale, shares of Nordstrom Inc were priced at $23.2. This pricing values the company with a market cap of approximately $3.72 billion. The price-earnings ratio of the stock stands at 13.24, which is below the industry median of 17.87 and also lower than the company's historical median.
The GF Value of Nordstrom Inc is calculated at $20.07, suggesting that with a current price of $23.2, the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.16.
Over the past year, the insider has sold a total of 20,000 shares and has not made any purchases. The overall insider transaction history for Nordstrom Inc shows no insider buys in the past year and 2 insider sells in the same period.
This insider activity and the current valuation metrics provide a snapshot of Nordstrom Inc's recent financial positioning and insider confidence levels.
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.
