Insider Sale: Director Mich Mathews-Spradlin Sells 24,462 Shares of The Wendy's Co (WEN)

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4 days ago

On November 7, 2024, Mich Mathews-Spradlin, Director at The Wendy's Co (WEN, Financial), executed a sale of 24,462 shares of the company. Following this transaction, the insider now directly owns 63,789 shares in the company, as detailed in the SEC Filing.

The Wendy's Co (WEN, Financial), known for its fast food restaurants specializing in hamburgers, operates primarily in North America. The company is recognized for its signature items such as square hamburgers and sea salt fries, along with its own Frosty, a form of soft serve ice cream mixed with frozen starches.

Shares of The Wendy's Co were priced at $20.28 on the day of the transaction. The company's market cap is approximately $3.98 billion. The price-earnings ratio stands at 20.57, which is below the industry median of 22.68 and also lower than the company's historical median.

According to the GF Value, The Wendy's Co has a price-to-GF-Value ratio of 0.87, indicating that the stock is Modestly Undervalued. The GF Value is a proprietary measure used to determine the fair value of a stock, taking into account historical trading multiples, an adjustment factor based on the company's past performance, and future business expectations.

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Over the past year, there have been no insider purchases of The Wendy's Co stock. However, there have been 9 insider sales, including the recent transaction by Mich Mathews-Spradlin. This trend in insider activity can often give an indication of the company's future performance.

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The recent insider transactions at The Wendy's Co provide valuable data for investors and market watchers, offering insights into the perspectives of key executives and directors within the company.

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.

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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.