On November 13, 2024, Director Youngme Moon executed a significant transaction by selling 37,500 shares of Sweetgreen Inc (SG, Financial). The shares were sold at a price of $37.83 each, as detailed in the SEC Filing. Following this transaction, the insider now owns 35,137 shares of the company.
Sweetgreen Inc is a company that specializes in offering seasonal, healthy food options with a focus on sustainability and local sourcing. The company operates numerous locations across the United States, providing a fresh take on fast-casual dining.
Over the past year, Youngme Moon has sold a total of 107,500 shares and has not purchased any shares. This recent sale is part of a broader trend observed within Sweetgreen Inc, where there have been 52 insider sells and no insider buys over the last year.
The stock of Sweetgreen Inc was trading at $37.83 on the day of the sale, giving the company a market cap of approximately $3.893 billion. According to the GF Value, the intrinsic value estimate for Sweetgreen Inc is $24.96 per share, indicating that the stock is significantly overvalued with a price-to-GF-Value ratio of 1.52.
The GF Value is calculated based on historical 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 outcomes.
This insider sell event might be of interest to investors tracking insider behaviors and evaluating the valuation metrics of Sweetgreen Inc.
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.
