On October 16, 2024, Cary Mcmillan, Director at American Eagle Outfitters Inc (AEO, Financial), executed a sale of 2,283 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 0 shares of American Eagle Outfitters Inc.
American Eagle Outfitters Inc, a company known for its apparel and accessories, targets the youth demographic with its American Eagle and Aerie brands. The company operates stores globally and maintains a strong online presence.
Over the past year, Cary Mcmillan has sold a total of 9,131 shares of American Eagle Outfitters Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 15 insider sells and no insider buys over the past year.
Shares of American Eagle Outfitters Inc were priced at $21.49 on the day of the sale. The company's market cap is approximately $4.07 billion. The price-earnings ratio stands at 16.97, which is below the industry median of 18.545 but above the historical median for the company.
The stock is currently assessed as Modestly Overvalued with a price-to-GF Value ratio of 1.19, based on a GF Value of $18.04. 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 ownership changes and evaluating the company's current valuation metrics. For more detailed information, investors are encouraged to review the official SEC filings.
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.
