On September 17, 2024, Sarah Gilligan, Chief Supply Chain & Transformation Officer at Gap Inc (GAP, Financial), executed a sale of 8,851 shares of the company. Following this transaction, the insider now owns 0 shares of Gap Inc. The sale was documented in a recent SEC Filing.
Gap Inc, a global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands, has seen a significant amount of insider selling over the past year. The insider transaction history reveals 34 insider sells and no insider buys during this period.
Shares of Gap Inc were trading at $20.61 on the day of the transaction, positioning the company with a market cap of approximately $7.59 billion. The price-earnings ratio of the stock stands at 9.98, which is below both the industry median of 17.69 and the company's historical median.
The GF Value of Gap Inc is calculated at $12.75, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.62. This valuation considers historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
Over the past year, Sarah Gilligan has sold a total of 123,078 shares of Gap Inc and has not made any purchases. This trend of insider selling aligns with the broader pattern observed within the company, where insider buys have been absent over the same timeframe.
For more detailed information on insider transactions and stock performance, investors and stakeholders are encouraged to review the official SEC filings and keep an eye on market trends.
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.
